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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Euro/Mexican Peso (FOREX:EURMXN)
Weak Downtrend (-65) - EURMXN is showing signs of a strengthening downtrend. Monitor EURMXN as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for EURMXN
The long-term trend has been DOWN since Dec 20th, 2024 at 20.95450
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 21.03990
The short-term trend has been UP since Feb 21st, 2025 at 21.36765
Smart Scan Analysis for EURMXN
Based on our trend formula, EURMXN is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.37175 | 21.37175 | 21.27820 | 21.35650 | -0.01525 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.37175 | 2025-02-22 02:06:11 |