Forex Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
Mexican Peso/Singapore Dollar (FOREX:MXNSGD)
Bull Market Weakness (+75) - MXNSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MXNSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MXNSGD
The long-term trend has been UP since Feb 28th, 2022 at 0.06675506
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.06886096
The short-term trend has been UP since Jun 20th, 2022 at 0.06850850
Smart Scan Analysis for MXNSGD
Based on our trend formula, MXNSGD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).