Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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

Bull Market Weakness (+75) - MXNAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNAED as it may be in the beginning stages of a reversal.

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
0.16198703 0.16206373 0.16131409 0.16190731 -0.00008000
Entry Signal

MarketClub’s Trade Triangles for MXNAED

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 0.18714771

intermediate term up The intermediate-term trend has been UP since May 11th, 2020 at 0.15592281

short term up The short-term trend has been UP since May 18th, 2020 at 0.15459003

Smart Scan Analysis for MXNAED

Based on our trend formula, MXNAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MXNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16198703 0.16206373 0.16131409 0.16190731 -0.00008000
Prev. Close Volume Bid Ask Time
0.16198703 0.16188527 0.16192935 2020-05-25 04:46:35
Get a free daily analysis and signals for Mexican Peso/United Arab Emirates Dirham (MXNAED) - Request Your Free Report.