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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Mexican Peso/Chinese Yuan Renminbi (FOREX:MXNCNY)
Sidelines Mode (+50) - MXNCNY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MXNCNY can gain momentum.
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 14th, 2025 at 0.33698129
The intermediate-term trend has been UP since Apr 21st, 2025 at 0.37086768
The short-term trend has been UP since May 9th, 2025 at 0.37024008
Smart Scan Analysis for MXNCNY
Based on our trend formula, MXNCNY is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.36999778 | 0.37035224 | 0.36990572 | 0.37023838 | +0.00024100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.36999778 | 2025-05-09 04:13:39 |