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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Mexican Peso/Chilean Peso (FOREX:MXNCLP)
Strong Downtrend (-100) - MXNCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MXNCLP continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for MXNCLP
The long-term trend has been DOWN since Feb 2nd, 2025 at 47.179244
The intermediate-term trend has been DOWN since Jan 9th, 2025 at 48.891526
The short-term trend has been DOWN since Jan 9th, 2025 at 48.959827
Smart Scan Analysis for MXNCLP
Based on our trend formula, MXNCLP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.073073 | 48.073073 | 47.820648 | 47.820648 | -0.252425 |
| Prev. Close | Volume | Bid | Ask | Time |
| 48.073073 | 2025-02-04 21:00:20 |