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Forex Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

Australian Dollar/Mexican Peso (FOREX:AUDMXN)

Strong Downtrend (-100) - AUDMXN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDMXN continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_AUDMXN
Open High Low AUDMXN Price Change
14.639785 14.671989 14.633194 14.637200 -0.002585
Entry Signal

MarketClub’s Trade Triangles for AUDMXN

long term down The long-term trend has been DOWN since Jan 3rd, 2022 at 14.731494

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2021 at 14.930166

short term down The short-term trend has been DOWN since Jan 16th, 2022 at 14.630300

Smart Scan Analysis for AUDMXN

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

-100
Smart Scan Analysis for AUDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.639785 14.671989 14.633194 14.637200 -0.002585
Prev. Close Volume Bid Ask Time
14.639785 2022-01-17 11:10:46
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