Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 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
16.456164 16.464881 16.377052 16.411820 -0.044344
Entry Signal

MarketClub’s Trade Triangles for AUDMXN

long term up The long-term trend has been UP since Feb 17th, 2021 at 15.748839

intermediate term up The intermediate-term trend has been UP since Dec 10th, 2020 at 14.929850

short term up The short-term trend has been UP since Mar 3rd, 2021 at 16.202300

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
16.456164 16.464881 16.377052 16.411820 -0.044344
Prev. Close Volume Bid Ask Time
16.456164 2021-03-09 06:16:42
Get a free daily analysis and signals for Australian Dollar/Mexican Peso (AUDMXN) - Request Your Free Report.