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Forex Trend Analysis Report
Prepared for you on Thursday, March 20, 2025.
US Dollar/Mexican Peso (FOREX:USDMXN)
Bear Market Rally (-75) - USDMXN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDMXN as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for USDMXN
The long-term trend has been DOWN since Mar 14th, 2025 at 20.021000
The intermediate-term trend has been DOWN since Mar 10th, 2025 at 20.202095
The short-term trend has been UP since Mar 16th, 2025 at 20.379500
Smart Scan Analysis for USDMXN
Based on our trend formula, USDMXN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.04370 | 20.26907 | 20.03523 | 20.14500 | +0.10130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.04370 | 2025-03-20 18:04:41 |