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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Mexican Peso/Argentine Peso (FOREX:MXNARS)
Sidelines Mode (+55) - MXNARS 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 MXNARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNARS.
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 MXNARS
The long-term trend has been UP since Dec 13th, 2024 at 50.829638
The intermediate-term trend has been UP since Apr 14th, 2025 at 54.092479
The short-term trend has been DOWN since May 7th, 2025 at 58.518726
Smart Scan Analysis for MXNARS
Based on our trend formula, MXNARS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 56.966057 | 57.037786 | 56.953128 | 56.989274 | +0.023217 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.966057 | 2025-05-09 07:09:30 |