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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Mexican Peso/Japanese Yen (FOREX:MXNJPY)
Crossroads (+60) - MXNJPY 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 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 7.287700
The intermediate-term trend has been UP since Apr 27th, 2025 at 7.374645
The short-term trend has been UP since May 8th, 2025 at 7.381450
Smart Scan Analysis for MXNJPY
Based on our trend formula, MXNJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.460300 | 7.461400 | 7.433800 | 7.439249 | -0.021051 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.460300 | 2025-05-09 07:23:24 |