Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Mexican Peso/Russian Ruble (FOREX:MXNRUB)
Crossroads (+60) - MXNRUB 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MXNRUB
The long-term trend has been DOWN since Feb 12th, 2025 at 4.6117572
The intermediate-term trend has been UP since May 9th, 2025 at 4.3062408
The short-term trend has been UP since May 9th, 2025 at 4.2285366
Smart Scan Analysis for MXNRUB
Based on our trend formula, MXNRUB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2249782 | 4.3373091 | 4.2233077 | 4.2785079 | +0.0535300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2249782 | 2025-05-09 07:18:06 |