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Forex Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

Mexican Peso/Chilean Peso (FOREX:MXNCLP)

Bull Market Weakness (+75) - MXNCLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNCLP as it may be in the beginning stages of a reversal.

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
46.160519 46.160519 46.160519 46.160519 0.000000
Entry Signal

MarketClub’s Trade Triangles for MXNCLP

long term up The long-term trend has been UP since May 2nd, 2022 at 40.536512

intermediate term up The intermediate-term trend has been UP since Jun 15th, 2022 at 42.299775

short term up The short-term trend has been UP since Jun 15th, 2022 at 42.299775

Smart Scan Analysis for MXNCLP

Based on our trend formula, MXNCLP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MXNCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.160519 46.160519 46.160519 46.160519 0.000000
Prev. Close Volume Bid Ask Time
45.268846 2022-06-28 07:20:52
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