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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.
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MarketClub’s Trade Triangles for MXNTRY
The long-term trend has been UP since Feb 13th, 2025 at 1.7724175
The intermediate-term trend has been UP since Apr 15th, 2025 at 1.9114690
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).
| 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 |