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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Mexican Peso/Turkish Lira (FOREX:MXNTRY)

Long-Term Uptrend (+90) - MXNTRY is in a strong uptrend that is likely to continue. While MXNTRY 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 MXNTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNTRY
Open High Low MXNTRY Price Change
1.9828815 1.9865715 1.9820065 1.9854030 +0.0025220
Entry Signal

MarketClub’s Trade Triangles for MXNTRY

long term up The long-term trend has been UP since Feb 13th, 2025 at 1.7724175

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2025 at 1.9114690

short term up The short-term trend has been UP since May 8th, 2025 at 1.9758495

Smart Scan Analysis for MXNTRY

Based on our trend formula, MXNTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MXNTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9828815 1.9865715 1.9820065 1.9854030 +0.0025220
Prev. Close Volume Bid Ask Time
1.9828815 2025-05-09 07:17:00
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