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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Mexican Peso/Swedish Krona (FOREX:MXNSEK)

Strong Uptrend (+100) - MXNSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_MXNSEK
Open High Low MXNSEK Price Change
0.641995 0.646220 0.641315 0.644220 +0.002225
Entry Signal

MarketClub’s Trade Triangles for MXNSEK

long term up The long-term trend has been UP since Mar 20th, 2024 at 0.622065

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 0.614185

short term up The short-term trend has been UP since Mar 20th, 2024 at 0.622040

Smart Scan Analysis for MXNSEK

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

+100
Smart Scan Analysis for MXNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.641995 0.646220 0.641315 0.644220 +0.002225
Prev. Close Volume Bid Ask Time
0.641995 2024-03-28 18:06:01
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