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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
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 UP since Feb 12th, 2025 at 0.21677892
The intermediate-term trend has been DOWN since Apr 23rd, 2025 at 0.23412349
The short-term trend has been DOWN since May 9th, 2025 at 0.23648844
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 |
|---|---|---|---|---|
| 0.23668762 | 0.23678124 | 0.23055771 | 0.23376507 | -0.00292300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.23668762 | 2025-05-09 07:11:03 |