Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Mexican Peso/British Pound (FOREX:MXNGBP)
Strong Uptrend (+100) - MXNGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid
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.
MarketClub’s Trade Triangles for MXNGBP
The long-term trend has been UP since Feb 5th, 2020 at 0.041321
The intermediate-term trend has been UP since Feb 5th, 2020 at 0.041321
The short-term trend has been UP since Feb 17th, 2020 at 0.041411
Smart Scan Analysis for MXNGBP
Based on our trend formula, MXNGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).