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MXNUSD Fibonacci Analysis


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Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 0.0513 to 0.0573 0.0556 (28.33%) . .
Intermediate 0.0526 to 0.0573 0.0556 (36.17%) . .
Short 0.0551 to 0.0573 . . 0.0556 (77.27%)
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