Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Mexican Peso/US Dollar (FOREX:MXNUSD)
Long-Term Uptrend (+90) - MXNUSD is in a strong uptrend that is likely to continue. While MXNUSD 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MXNUSD
The long-term trend has been UP since Mar 14th, 2025 at 0.05007512
The intermediate-term trend has been UP since Apr 17th, 2025 at 0.05037139
The short-term trend has been UP since May 8th, 2025 at 0.05115276
Smart Scan Analysis for MXNUSD
Based on our trend formula, MXNUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05120986 | 0.05127006 | 0.05117287 | 0.05120450 | -0.00000500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05120986 | 2025-05-09 07:47:00 |