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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.
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MarketClub’s Trade Triangles for AUDMXN
The long-term trend has been DOWN since Jan 3rd, 2022 at 14.731494
The intermediate-term trend has been DOWN since Dec 3rd, 2021 at 14.930166
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).
| 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 |