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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Singapore Dollar/Mexican Peso (FOREX:SGDMXN)
Strong Uptrend (+100) - SGDMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGDMXN 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 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 UP since Apr 18th, 2024 at 12.955470
The intermediate-term trend has been UP since Dec 30th, 2024 at 15.136268
The short-term trend has been UP since Feb 19th, 2025 at 15.232800
Smart Scan Analysis for SGDMXN
Based on our trend formula, SGDMXN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.218759 | 15.302209 | 15.190412 | 15.302209 | +0.083450 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.293236 | 2025-02-21 17:03:30 |