Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
New Zealand Dollar/Mexican Peso (FOREX:NZDMXN)
Weak Downtrend (-65) - NZDMXN is showing signs of a strengthening downtrend. Monitor NZDMXN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NZDMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDMXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NZDMXN
The long-term trend has been DOWN since Dec 10th, 2024 at 11.69940
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 11.87710
The short-term trend has been DOWN since Jan 15th, 2025 at 11.46175
Smart Scan Analysis for NZDMXN
Based on our trend formula, NZDMXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
11.50815 | 11.55145 | 11.46135 | 11.54095 | +0.03280 |
Prev. Close | Volume | Bid | Ask | Time |
11.50815 | 2025-01-15 10:39:01 |