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Forex Trend Analysis Report

Prepared for you on Tuesday, February 11, 2025.

Euro/Mexican Peso (FOREX:EURMXN)

Long-Term Downtrend (-90) - EURMXN is in a strong downtrend that is likely to continue. While EURMXN 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 EURMXN?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURMXN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURMXN
Open High Low EURMXN Price Change
21.2551 21.3166 21.2323 21.2911 +0.0360
Entry Signal

MarketClub’s Trade Triangles for EURMXN

long term down The long-term trend has been DOWN since Dec 20th, 2024 at 20.9545

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 21.0399

short term down The short-term trend has been DOWN since Feb 3rd, 2025 at 21.1705

Smart Scan Analysis for EURMXN

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

-90
Smart Scan Analysis for EURMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.2551 21.3166 21.2323 21.2911 +0.0360
Prev. Close Volume Bid Ask Time
21.2551 2025-02-11 16:14:27
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