Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Mexican Peso/Russian Ruble (FOREX:MXNRUB)
Long-Term Uptrend (+90) - MXNRUB is in a strong uptrend that is likely to continue. While MXNRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MXNRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNRUB.
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 MXNRUB
The long-term trend has been UP since Feb 16th, 2024 at 5.4705702
The intermediate-term trend has been UP since Feb 4th, 2024 at 5.3417855
The short-term trend has been UP since Mar 21st, 2024 at 5.5339979
Smart Scan Analysis for MXNRUB
Based on our trend formula, MXNRUB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
5.5790810 | 5.6145146 | 5.5701446 | 5.5849047 | +0.0058240 |
Prev. Close | Volume | Bid | Ask | Time |
5.5790810 | 2024-03-29 06:02:15 |