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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

Australian Dollar/Mexican Peso (FOREX:AUDMXN)

Long-Term Downtrend (-90) - AUDMXN is in a strong downtrend that is likely to continue. While AUDMXN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
13.83225 13.97375 13.82790 13.95480 +0.12255
Entry Signal

MarketClub’s Trade Triangles for AUDMXN

long term down The long-term trend has been DOWN since Apr 25th, 2022 at 14.495739

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 13.941013

short term down The short-term trend has been DOWN since Jul 1st, 2022 at 13.774610

Smart Scan Analysis for AUDMXN

Based on our trend formula, AUDMXN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AUDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.83225 13.97375 13.82790 13.95480 +0.12255
Prev. Close Volume Bid Ask Time
13.83225 2022-07-04 21:08:48
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