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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Mexican Peso (FOREX:CADMXN)
Weak Uptrend (+65) - CADMXN is showing signs of weakening momentum to the upside. Monitor CADMXN as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for CADMXN
The long-term trend has been UP since Apr 18th, 2024 at 12.888850
The intermediate-term trend has been DOWN since Jul 10th, 2024 at 13.086701
The short-term trend has been UP since Jul 18th, 2024 at 13.085950
Smart Scan Analysis for CADMXN
Based on our trend formula, CADMXN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.331307 | 13.371871 | 13.246550 | 13.343261 | +0.011954 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.331307 | 2024-07-26 17:00:42 |