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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Mexican Peso/Swiss Franc (FOREX:MXNCHF)
Weak Downtrend (-65) - MXNCHF is showing signs of a strengthening downtrend. Monitor MXNCHF as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for MXNCHF
The long-term trend has been UP since Dec 1st, 2023 at 0.05311750
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.05414645
The short-term trend has been DOWN since Apr 12th, 2024 at 0.05500571
Smart Scan Analysis for MXNCHF
Based on our trend formula, MXNCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05361950 | 0.05364618 | 0.05360750 | 0.05362850 | +0.00000900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05361950 | 2024-04-18 00:21:27 |