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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Mexican Peso/British Pound (FOREX:MXNGBP)
Countertrend Up (+85) - MXNGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MXNGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNGBP.
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 MXNGBP
The long-term trend has been UP since Jan 14th, 2025 at 0.04001544
The intermediate-term trend has been UP since Jan 8th, 2025 at 0.03972100
The short-term trend has been DOWN since Jan 16th, 2025 at 0.03944911
Smart Scan Analysis for MXNGBP
Based on our trend formula, MXNGBP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03945350 | 0.03973378 | 0.03926250 | 0.03961300 | +0.00015900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03945350 | 2025-01-20 09:41:00 |