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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Mexican Peso/Australian Dollar (FOREX:MXNAUD)

Weak Uptrend (+65) - MXNAUD is showing signs of weakening momentum to the upside. Monitor MXNAUD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MXNAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNAUD
Open High Low MXNAUD Price Change
0.09289500 0.09296968 0.09138794 0.09153776 -0.00135700
Entry Signal

MarketClub’s Trade Triangles for MXNAUD

long term up The long-term trend has been UP since Dec 1st, 2023 at 0.09143078

intermediate term up The intermediate-term trend has been UP since Jan 5th, 2024 at 0.08819096

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.09232604

Smart Scan Analysis for MXNAUD

Based on our trend formula, MXNAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MXNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09289500 0.09296968 0.09138794 0.09153776 -0.00135700
Prev. Close Volume Bid Ask Time
0.09289500 2024-04-16 22:07:08
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