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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Mexican Peso/Hungarian Forint (FOREX:MXNHUF)

Crossroads (+60) - MXNHUF 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 MXNHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNHUF
Open High Low MXNHUF Price Change
18.5065 18.5570 18.4150 18.4290 -0.0775
Entry Signal

MarketClub’s Trade Triangles for MXNHUF

long term down The long-term trend has been DOWN since Mar 3rd, 2025 at 18.5350

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2025 at 18.4205

short term up The short-term trend has been UP since May 8th, 2025 at 18.2665

Smart Scan Analysis for MXNHUF

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

+60
Smart Scan Analysis for MXNHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.5065 18.5570 18.4150 18.4290 -0.0775
Prev. Close Volume Bid Ask Time
18.5065 2025-05-09 07:26:21
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