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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Mexican Peso/Swiss Franc (FOREX:MXNCHF)

Bull Market Weakness (+75) - MXNCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNCHF as it may be in the beginning stages of a reversal.

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
0.05273128 0.05282400 0.05250350 0.05257006 -0.00016100
Entry Signal

MarketClub’s Trade Triangles for MXNCHF

long term up The long-term trend has been UP since Dec 1st, 2023 at 0.05311750

intermediate term up The intermediate-term trend has been UP since Jan 15th, 2024 at 0.05065643

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 0.05265808

Smart Scan Analysis for MXNCHF

Based on our trend formula, MXNCHF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for MXNCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05273128 0.05282400 0.05250350 0.05257006 -0.00016100
Prev. Close Volume Bid Ask Time
0.05273128 2024-03-19 06:22:37
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