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Forex Trend Analysis Report

Prepared for you on Tuesday, February 11, 2025.

British Pound/Mexican Peso (FOREX:GBPMXN)

Sidelines Mode (+55) - GBPMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_GBPMXN
Open High Low GBPMXN Price Change
25.49475 25.59155 25.45986 25.53625 +0.04150
Entry Signal

MarketClub’s Trade Triangles for GBPMXN

long term down The long-term trend has been DOWN since Jan 14th, 2025 at 24.990357

intermediate term up The intermediate-term trend has been UP since Jan 27th, 2025 at 25.738464

short term down The short-term trend has been DOWN since Feb 3rd, 2025 at 25.388084

Smart Scan Analysis for GBPMXN

Based on our trend formula, GBPMXN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.49475 25.59155 25.45986 25.53625 +0.04150
Prev. Close Volume Bid Ask Time
25.49475 2025-02-11 14:13:00
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