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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

US Dollar/Mexican Peso (FOREX:USDMXN)

Long-Term Downtrend (-90) - USDMXN is in a strong downtrend that is likely to continue. While USDMXN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDMXN?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDMXN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDMXN
Open High Low USDMXN Price Change
19.52750 19.53480 19.49656 19.52145 -0.00605
Entry Signal

MarketClub’s Trade Triangles for USDMXN

long term down The long-term trend has been DOWN since Mar 14th, 2025 at 20.021000

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2025 at 19.851160

short term down The short-term trend has been DOWN since May 5th, 2025 at 19.546645

Smart Scan Analysis for USDMXN

Based on our trend formula, USDMXN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.52750 19.53480 19.49656 19.52145 -0.00605
Prev. Close Volume Bid Ask Time
19.52750 2025-05-09 07:09:03
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