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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Mexican Peso/Australian Dollar (FOREX:MXNAUD)

Crossroads (-60) - MXNAUD 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 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
0.07750700 0.07791773 0.07708444 0.07773639 +0.00022900
Entry Signal

MarketClub’s Trade Triangles for MXNAUD

long term up The long-term trend has been UP since Dec 10th, 2024 at 0.07779563

intermediate term down The intermediate-term trend has been DOWN since Jan 16th, 2025 at 0.07721100

short term down The short-term trend has been DOWN since Jan 10th, 2025 at 0.07822537

Smart Scan Analysis for MXNAUD

Based on our trend formula, MXNAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MXNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07750700 0.07791773 0.07708444 0.07773639 +0.00022900
Prev. Close Volume Bid Ask Time
0.07750700 2025-01-20 09:41:42
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