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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Mexican Peso/Euro (FOREX:MXNEUR)
Crossroads (+60) - MXNEUR 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 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 DOWN since Mar 4th, 2025 at 0.04525033
The intermediate-term trend has been UP since May 8th, 2025 at 0.04527750
The short-term trend has been UP since May 8th, 2025 at 0.04517550
Smart Scan Analysis for MXNEUR
Based on our trend formula, MXNEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0456190 | 0.0456405 | 0.0455155 | 0.0455250 | -0.0000940 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0456190 | 2025-05-09 07:21:12 |