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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Euro/Mexican Peso (FOREX:EURMXN)

Crossroads (-60) - EURMXN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
21.92080 21.95250 21.91065 21.95250 +0.03170
Entry Signal

MarketClub’s Trade Triangles for EURMXN

long term up The long-term trend has been UP since Mar 4th, 2025 at 21.815235

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2025 at 21.993500

short term down The short-term trend has been DOWN since May 8th, 2025 at 22.135400

Smart Scan Analysis for EURMXN

Based on our trend formula, EURMXN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.92080 21.95250 21.91065 21.95250 +0.03170
Prev. Close Volume Bid Ask Time
21.92080 2025-05-09 03:00:58
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