Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
New Zealand Dollar/Mexican Peso (FOREX:NZDMXN)
Bull Market Weakness (+75) - NZDMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDMXN as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for NZDMXN
The long-term trend has been DOWN since Mar 4th, 2024 at 10.31915
The intermediate-term trend has been UP since Apr 16th, 2024 at 10.00895
The short-term trend has been UP since Apr 25th, 2024 at 10.16420
Smart Scan Analysis for NZDMXN
Based on our trend formula, NZDMXN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.14500 | 10.18125 | 10.14030 | 10.17365 | +0.02865 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.14500 | 2024-04-25 07:51:49 |