Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Russian Ruble/Mexican Peso (FOREX:RUBMXN)
Countertrend Down (-85) - RUBMXN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RUBMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBMXN.
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 RUBMXN
The long-term trend has been DOWN since Feb 16th, 2024 at 0.18278900
The intermediate-term trend has been DOWN since Feb 4th, 2024 at 0.18720682
The short-term trend has been UP since Mar 18th, 2024 at 0.18276186
Smart Scan Analysis for RUBMXN
Based on our trend formula, RUBMXN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.18369099 | 0.18389244 | 0.18305567 | 0.18348706 | -0.00020400 |
Prev. Close | Volume | Bid | Ask | Time |
0.18369099 | 2024-03-19 04:59:58 |