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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Mexican Peso/Chilean Peso (FOREX:MXNCLP)

Crossroads (-60) - MXNCLP 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 MXNCLP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCLP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNCLP
Open High Low MXNCLP Price Change
36.197890 36.197890 36.197890 36.197890 0.000000
Entry Signal

MarketClub’s Trade Triangles for MXNCLP

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 39.357601

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 35.025612

short term up The short-term trend has been UP since May 19th, 2020 at 34.537483

Smart Scan Analysis for MXNCLP

Based on our trend formula, MXNCLP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MXNCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.197890 36.197890 36.197890 36.197890 0.000000
Prev. Close Volume Bid Ask Time
36.197890 35.626838 36.768942 2020-06-01 07:17:49
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