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.
MarketClub’s Trade Triangles for AUDMXN
The long-term trend has been UP since Oct 6th, 2021 at 15.045241
The intermediate-term trend has been UP since Sep 30th, 2021 at 14.859900
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).