Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Canadian Dollar/Mexican Peso (FOREX:CADMXN)
Weak Downtrend (-65) - CADMXN is showing signs of a strengthening downtrend. Monitor CADMXN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CADMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADMXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CADMXN
The long-term trend has been DOWN since Dec 23rd, 2024 at 13.946934
The intermediate-term trend has been DOWN since Jan 24th, 2025 at 14.088390
The short-term trend has been DOWN since Feb 2nd, 2025 at 14.155921
Smart Scan Analysis for CADMXN
Based on our trend formula, CADMXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.112550 | 14.374400 | 14.067619 | 14.301350 | +0.188800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.112550 | 2025-02-04 23:10:31 |