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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.
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MarketClub’s Trade Triangles for AUDMXN
The long-term trend has been DOWN since Dec 11th, 2024 at 12.842350
The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 13.095315
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).
| 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 |