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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Mexican Peso/United Arab Emirates Dirham (FOREX:MXNAED)
Strong Downtrend (-100) - MXNAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MXNAED continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 25th, 2024 at 0.19858836
The short-term trend has been DOWN since Jul 18th, 2024 at 0.20566964
Smart Scan Analysis for MXNAED
Based on our trend formula, MXNAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19942003 | 0.20066013 | 0.19850178 | 0.19893886 | -0.00048100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.19942003 | 2024-07-26 17:00:05 |