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.
MarketClub’s Trade Triangles for MXNCHF
The long-term trend has been UP since Mar 1st, 2023 at 0.05153374
The intermediate-term trend has been DOWN since Mar 12th, 2023 at 0.04964333
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).