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Forex Trend Analysis Report
Prepared for you on Tuesday, November 26, 2024.
Mexican Peso/Singapore Dollar (FOREX:MXNSGD)
Bear Market Rally (-75) - MXNSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MXNSGD as it may be in the beginning 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.
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MarketClub’s Trade Triangles for MXNSGD
The long-term trend has been DOWN since Apr 18th, 2024 at 0.07719150
The intermediate-term trend has been DOWN since Nov 1st, 2024 at 0.06534918
The short-term trend has been UP since Nov 25th, 2024 at 0.06626484
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06563200 | 0.06579657 | 0.06472654 | 0.06518150 | -0.00045000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06563200 | 2024-11-26 15:22:14 |