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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

United Arab Emirates Dirham/Mexican Peso (FOREX:AEDMXN)

Bull Market Weakness (+75) - AEDMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AEDMXN as it may be in the beginning stages of a reversal.

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

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

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

FOREX_AEDMXN
Open High Low AEDMXN Price Change
5.6543885 5.6740266 5.6342205 5.6702749 +0.0158860
Entry Signal

MarketClub’s Trade Triangles for AEDMXN

long term down The long-term trend has been DOWN since Sep 9th, 2020 at 5.8429299

intermediate term up The intermediate-term trend has been UP since Jan 26th, 2021 at 5.5158989

short term up The short-term trend has been UP since Feb 25th, 2021 at 5.6713250

Smart Scan Analysis for AEDMXN

Based on our trend formula, AEDMXN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AEDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.6543885 5.6740266 5.6342205 5.6702749 +0.0158860
Prev. Close Volume Bid Ask Time
5.6543885 2021-03-01 05:56:39
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