Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Russian Ruble/Mexican Peso (FOREX:RUBMXN)
Strong Uptrend (+100) - RUBMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RUBMXN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for RUBMXN
The long-term trend has been UP since Mar 23rd, 2020 at 0.31434791
The intermediate-term trend has been UP since Mar 23rd, 2020 at 0.31434791
The short-term trend has been UP since Apr 1st, 2020 at 0.30723988
Smart Scan Analysis for RUBMXN
Based on our trend formula, RUBMXN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).