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Forex Trend Analysis Report
Prepared for you on Thursday, March 20, 2025.
Mexican Peso/Japanese Yen (FOREX:MXNJPY)
Sidelines Mode (+55) - MXNJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MXNJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNJPY.
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 MXNJPY
The long-term trend has been DOWN since Feb 2nd, 2025 at 7.28770
The intermediate-term trend has been UP since Mar 17th, 2025 at 7.48505
The short-term trend has been DOWN since Mar 20th, 2025 at 7.39310
Smart Scan Analysis for MXNJPY
Based on our trend formula, MXNJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.403399 | 7.413950 | 7.331248 | 7.393600 | -0.009799 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.403399 | 2025-03-20 13:34:58 |