Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2024.
Mexican Peso/Chinese Yuan Renminbi (FOREX:MXNCNY)
Weak Downtrend (-65) - MXNCNY is showing signs of a strengthening downtrend. Monitor MXNCNY as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for MXNCNY
The long-term trend has been DOWN since Apr 18th, 2024 at 0.40805127
The intermediate-term trend has been DOWN since Jul 24th, 2024 at 0.39331963
The short-term trend has been UP since Dec 3rd, 2024 at 0.35739160
Smart Scan Analysis for MXNCNY
Based on our trend formula, MXNCNY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.36004061 | 0.36004061 | 0.36004061 | 0.36004061 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.36004061 | 2024-12-07 19:07:58 |