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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Australian Dollar/Mexican Peso (FOREX:AUDMXN)

Strong Uptrend (+100) - AUDMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDMXN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
15.223600 15.227333 15.157249 15.179243 -0.044357
Entry Signal

MarketClub’s Trade Triangles for AUDMXN

long term up The long-term trend has been UP since Oct 6th, 2021 at 15.045241

intermediate term up The intermediate-term trend has been UP since Sep 30th, 2021 at 14.859900

short term up The short-term trend has been UP since Oct 20th, 2021 at 15.212572

Smart Scan Analysis for AUDMXN

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

+100
Smart Scan Analysis for AUDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.223600 15.227333 15.157249 15.179243 -0.044357
Prev. Close Volume Bid Ask Time
15.223600 2021-10-21 07:52:47
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