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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Mexican Peso/British Pound (FOREX:MXNGBP)

Crossroads (+60) - MXNGBP 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 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.

FOREX_MXNGBP
Open High Low MXNGBP Price Change
0.03869250 0.03872050 0.03853122 0.03859000 -0.00010200
Entry Signal

MarketClub’s Trade Triangles for MXNGBP

long term down The long-term trend has been DOWN since Mar 3rd, 2025 at 0.03816539

intermediate term up The intermediate-term trend has been UP since May 8th, 2025 at 0.03859294

short term up The short-term trend has been UP since May 4th, 2025 at 0.03850497

Smart Scan Analysis for MXNGBP

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

+60
Smart Scan Analysis for MXNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03869250 0.03872050 0.03853122 0.03859000 -0.00010200
Prev. Close Volume Bid Ask Time
0.03869250 2025-05-09 07:53:59
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