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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Mexican Peso/United Arab Emirates Dirham (FOREX:MXNAED)

Sidelines Mode (-55) - MXNAED 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 MXNAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNAED
Open High Low MXNAED Price Change
0.18081077 0.18100054 0.17972724 0.17982090 -0.00099000
Entry Signal

MarketClub’s Trade Triangles for MXNAED

long term down The long-term trend has been DOWN since Apr 18th, 2024 at 0.21125437

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2025 at 0.18125888

short term down The short-term trend has been DOWN since Feb 19th, 2025 at 0.17979996

Smart Scan Analysis for MXNAED

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

-55
Smart Scan Analysis for MXNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.18081077 0.18100054 0.17972724 0.17982090 -0.00099000
Prev. Close Volume Bid Ask Time
0.18081077 2025-02-21 17:03:12
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