Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Mexican Peso (FOREX:GBPMXN)
Crossroads (-60) - GBPMXN 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 GBPMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPMXN
The long-term trend has been UP since Mar 3rd, 2025 at 26.237300
The intermediate-term trend has been DOWN since May 8th, 2025 at 25.911477
The short-term trend has been DOWN since May 2nd, 2025 at 26.000756
Smart Scan Analysis for GBPMXN
Based on our trend formula, GBPMXN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.845400 | 25.898646 | 25.826377 | 25.878200 | +0.032800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.845400 | 2025-05-09 05:18:38 |