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Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Russian Ruble/Mexican Peso (FOREX:RUBMXN)
Crossroads (-60) - RUBMXN 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 RUBMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBMXN.
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 RUBMXN
The long-term trend has been DOWN since Dec 2nd, 2022 at 0.30865275
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.25217267
The short-term trend has been UP since Mar 24th, 2023 at 0.24551259
Smart Scan Analysis for RUBMXN
Based on our trend formula, RUBMXN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.23937284 | 0.23980531 | 0.23795817 | 0.23806602 | -0.00130700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.23937284 | 2023-03-28 16:23:52 |