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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Singapore Dollar/Mexican Peso (FOREX:SGDMXN)
Sidelines Mode (-55) - SGDMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SGDMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGDMXN.
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 SGDMXN
The long-term trend has been DOWN since Apr 25th, 2025 at 14.827616
The intermediate-term trend has been DOWN since Apr 23rd, 2025 at 14.881901
The short-term trend has been UP since May 28th, 2025 at 15.001072
Smart Scan Analysis for SGDMXN
Based on our trend formula, SGDMXN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.994684 | 15.063747 | 14.922144 | 15.056249 | +0.061565 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.994684 | 2025-05-30 17:02:37 |