Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Mexican Peso/United Arab Emirates Dirham (FOREX:MXNAED)
Long-Term Uptrend (+90) - MXNAED is in a strong uptrend that is likely to continue. While MXNAED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MXNAED
The long-term trend has been UP since Mar 14th, 2025 at 0.18345216
The intermediate-term trend has been UP since Apr 17th, 2025 at 0.18502921
The short-term trend has been UP since May 8th, 2025 at 0.18787318
Smart Scan Analysis for MXNAED
Based on our trend formula, MXNAED is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.18808882 | 0.18831398 | 0.18802566 | 0.18818543 | +0.00009700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.18808882 | 2025-05-09 07:18:06 |