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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Mexican Peso/Swiss Franc (FOREX:MXNCHF)

Crossroads (-60) - MXNCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MXNCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNCHF
Open High Low MXNCHF Price Change
0.04926836 0.04948550 0.04925268 0.04941931 +0.00015100
Entry Signal

MarketClub’s Trade Triangles for MXNCHF

long term up The long-term trend has been UP since Mar 1st, 2023 at 0.05153374

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2023 at 0.04964333

short term down The short-term trend has been DOWN since Mar 9th, 2023 at 0.05163385

Smart Scan Analysis for MXNCHF

Based on our trend formula, MXNCHF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MXNCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04926836 0.04948550 0.04925268 0.04941931 +0.00015100
Prev. Close Volume Bid Ask Time
0.04926836 2023-03-21 03:23:18
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