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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Brazilian Real/Mexican Peso (FOREX:BRLMXN)
Strong Uptrend (+100) - BRLMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BRLMXN 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 BRLMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLMXN.
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 BRLMXN
The long-term trend has been UP since Feb 2nd, 2025 at 3.5899
The intermediate-term trend has been UP since Jan 9th, 2025 at 3.3764
The short-term trend has been UP since Feb 17th, 2025 at 3.5799
Smart Scan Analysis for BRLMXN
Based on our trend formula, BRLMXN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.5620 | 3.5741 | 3.5504 | 3.5648 | +0.0028 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.5620 | 2025-02-21 17:03:30 |