Forex Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Mexican Peso/Swiss Franc (FOREX:MXNCHF)
Strong Uptrend (+100) - MXNCHF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNCHF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Nov 4th, 2020 at 0.0436305
The intermediate-term trend has been UP since Mar 11th, 2021 at 0.0447905
The short-term trend has been UP since Apr 15th, 2021 at 0.0460767
Smart Scan Analysis for MXNCHF
Based on our trend formula, MXNCHF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).