Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
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.
MarketClub’s Trade Triangles for MXNCHF
The long-term trend has been DOWN since Oct 6th, 2021 at 0.04474032
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 0.04575134
The short-term trend has been UP since Oct 13th, 2021 at 0.04488600
Smart Scan Analysis for MXNCHF
Based on our trend formula, MXNCHF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).