Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

Mexican Peso/Chinese Yuan Renminbi (FOREX:MXNCNY)

Sidelines Mode (+55) - MXNCNY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MXNCNY?

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

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

Open	High	Low	MXNCNY Price	Change
0.36819477	0.37256528	0.36615248	0.37256528	+0.00437100
Entry Signal

MarketClub’s Trade Triangles for MXNCNY

The long-term trend has been UP since Mar 22nd, 2022 at 0.31354891

The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.37190431

The short-term trend has been UP since Mar 21st, 2023 at 0.36879051

Smart Scan Analysis for MXNCNY

Based on our trend formula, MXNCNY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.36819477	0.37256528	0.36615248	0.37256528	+0.00437100
Prev. Close	Volume	Bid	Ask	Time
0.36819477				2023-03-24 16:43:31

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