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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Euro/Mexican Peso (FOREX:EURMXN)

Strong Uptrend (+100) - EURMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURMXN 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 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
24.89385 25.53800 24.86545 25.48180 +0.58795
Entry Signal

MarketClub’s Trade Triangles for EURMXN

long term up The long-term trend has been UP since Feb 25th, 2021 at 25.38250

intermediate term up The intermediate-term trend has been UP since Jan 28th, 2021 at 24.65999

short term up The short-term trend has been UP since Feb 25th, 2021 at 25.28950

Smart Scan Analysis for EURMXN

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

+100
Smart Scan Analysis for EURMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.89385 25.53800 24.86545 25.48180 +0.58795
Prev. Close Volume Bid Ask Time
24.89385 2021-02-25 11:33:03
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