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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Mexican Peso/United Arab Emirates Dirham (FOREX:MXNAED)
Crossroads (+60) - MXNAED 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 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.
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MarketClub’s Trade Triangles for MXNAED
The long-term trend has been DOWN since Apr 18th, 2024 at 0.21125437
The intermediate-term trend has been UP since Dec 18th, 2024 at 0.18273359
The short-term trend has been UP since Dec 20th, 2024 at 0.18293327
Smart Scan Analysis for MXNAED
Based on our trend formula, MXNAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.18205225 | 0.18244749 | 0.18180248 | 0.18213305 | +0.00008100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.18205225 | 2024-12-26 12:58:45 |