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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Mexican Peso/Australian Dollar (FOREX:MXNAUD)

Bear Market Rally (-75) - MXNAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MXNAUD as it may be in the beginning 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
0.0687725 0.0690590 0.0685430 0.0689125 +0.0001400
Entry Signal

MarketClub’s Trade Triangles for MXNAUD

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 0.0744825

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.0790201

short term up The short-term trend has been UP since Mar 26th, 2020 at 0.0708180

Smart Scan Analysis for MXNAUD

Based on our trend formula, MXNAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MXNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0687725 0.0690590 0.0685430 0.0689125 +0.0001400
Prev. Close Volume Bid Ask Time
0.0687725 0.0688840 0.0689410 2020-03-30 06:02:24
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