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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Mexican Peso/Japanese Yen (FOREX:MXNJPY)
Strong Uptrend (+100) - MXNJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNJPY 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 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 UP since Dec 20th, 2024 at 7.781496
The intermediate-term trend has been UP since Dec 16th, 2024 at 7.668845
The short-term trend has been UP since Dec 4th, 2024 at 7.381068
Smart Scan Analysis for MXNJPY
Based on our trend formula, MXNJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.791196 | 7.791196 | 7.791196 | 7.791196 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.791196 | 2024-12-21 06:23:56 |