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Forex Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

Australian Dollar/Mexican Peso (FOREX:AUDMXN)

Sidelines Mode (-55) - AUDMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
12.717650 12.759274 12.699013 12.729868 +0.012218
Entry Signal

MarketClub’s Trade Triangles for AUDMXN

long term down The long-term trend has been DOWN since Dec 11th, 2024 at 12.842350

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 13.095315

short term up The short-term trend has been UP since Jan 10th, 2025 at 12.784401

Smart Scan Analysis for AUDMXN

Based on our trend formula, AUDMXN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AUDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.717650 12.759274 12.699013 12.729868 +0.012218
Prev. Close Volume Bid Ask Time
12.717650 2025-01-15 04:29:13
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