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Forex Trend Analysis Report

Prepared for you on Saturday, February 15, 2025.

New Zealand Dollar/Mexican Peso (FOREX:NZDMXN)

Bear Market Rally (-75) - NZDMXN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDMXN as it may be in the beginning of a reversal.

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

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

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

FOREX_NZDMXN
Open High Low NZDMXN Price Change
11.61755 11.65885 11.60105 11.64080 +0.02325
Entry Signal

MarketClub’s Trade Triangles for NZDMXN

long term down The long-term trend has been DOWN since Dec 10th, 2024 at 11.69940

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 11.46135

short term down The short-term trend has been DOWN since Feb 12th, 2025 at 11.59875

Smart Scan Analysis for NZDMXN

Based on our trend formula, NZDMXN is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for NZDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.61755 11.65885 11.60105 11.64080 +0.02325
Prev. Close Volume Bid Ask Time
11.61755 2025-02-14 17:03:41
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