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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Australian Dollar/Mexican Peso (FOREX:AUDMXN)

Weak Uptrend (+65) - AUDMXN is showing signs of weakening momentum to the upside. Monitor AUDMXN as it may be in the beginning stages of a reversal.

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

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

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

FOREX_AUDMXN
Open High Low AUDMXN Price Change
11.934800 12.083867 11.927452 12.054100 +0.119300
Entry Signal

MarketClub’s Trade Triangles for AUDMXN

long term up The long-term trend has been UP since Jun 3rd, 2024 at 11.536800

intermediate term up The intermediate-term trend has been UP since Apr 17th, 2024 at 10.950567

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 12.123325

Smart Scan Analysis for AUDMXN

Based on our trend formula, AUDMXN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for AUDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.934800 12.083867 11.927452 12.054100 +0.119300
Prev. Close Volume Bid Ask Time
11.934800 2024-06-25 14:56:07
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