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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Turkish Lira/Mexican Peso (FOREX:TRYMXN)
Bear Market Rally (-75) - TRYMXN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYMXN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TRYMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYMXN.
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 TRYMXN
The long-term trend has been DOWN since Feb 13th, 2025 at 0.5642
The intermediate-term trend has been DOWN since Mar 6th, 2025 at 0.5565
The short-term trend has been UP since Mar 27th, 2025 at 0.5353
Smart Scan Analysis for TRYMXN
Based on our trend formula, TRYMXN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.53840 | 0.54000 | 0.53585 | 0.53950 | +0.00110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.53840 | 2025-03-31 17:22:11 |