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Forex Trend Analysis Report
Prepared for you on Thursday, May 1, 2025.
US Dollar/Mexican Peso (FOREX:USDMXN)
Countertrend Down (-85) - USDMXN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for USDMXN
The long-term trend has been DOWN since Mar 14th, 2025 at 20.02100
The intermediate-term trend has been DOWN since Apr 17th, 2025 at 19.85116
The short-term trend has been UP since Apr 30th, 2025 at 19.65150
Smart Scan Analysis for USDMXN
Based on our trend formula, USDMXN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.626100 | 19.677100 | 19.589665 | 19.614400 | -0.011700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.626100 | 2025-05-01 11:02:26 |