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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

Mexican Peso/US Dollar (FOREX:MXNUSD)

Weak Uptrend (+65) - MXNUSD is showing signs of weakening momentum to the upside. Monitor MXNUSD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MXNUSD?

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

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

FOREX_MXNUSD
Open High Low MXNUSD Price Change
0.05377478 0.05428620 0.05319783 0.05422644 +0.00045200
Entry Signal

MarketClub’s Trade Triangles for MXNUSD

long term up The long-term trend has been UP since Nov 1st, 2022 at 0.05062476

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.05378748

short term up The short-term trend has been UP since Mar 21st, 2023 at 0.05365299

Smart Scan Analysis for MXNUSD

Based on our trend formula, MXNUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MXNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05377478 0.05428620 0.05319783 0.05422644 +0.00045200
Prev. Close Volume Bid Ask Time
0.05377478 2023-03-24 19:13:08
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