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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Mexican Peso/Euro (FOREX:MXNEUR)
Sidelines Mode (+55) - MXNEUR 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 MXNEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNEUR.
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 MXNEUR
The long-term trend has been UP since Dec 20th, 2024 at 0.04772274
The intermediate-term trend has been UP since Feb 3rd, 2025 at 0.04752140
The short-term trend has been DOWN since Feb 21st, 2025 at 0.04677478
Smart Scan Analysis for MXNEUR
Based on our trend formula, MXNEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04687850 | 0.04708150 | 0.04676042 | 0.04676042 | -0.00011800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04680184 | 2025-02-21 17:03:30 |