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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

British Pound/Mexican Peso (FOREX:GBPMXN)

Strong Uptrend (+100) - GBPMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPMXN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_GBPMXN
Open High Low GBPMXN Price Change
28.950550 29.532150 28.916791 29.297050 +0.346500
Entry Signal

MarketClub’s Trade Triangles for GBPMXN

long term up The long-term trend has been UP since Feb 18th, 2021 at 28.23855

intermediate term up The intermediate-term trend has been UP since Dec 15th, 2020 at 27.02114

short term up The short-term trend has been UP since Feb 15th, 2021 at 27.75265

Smart Scan Analysis for GBPMXN

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

+100
Smart Scan Analysis for GBPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.950550 29.532150 28.916791 29.297050 +0.346500
Prev. Close Volume Bid Ask Time
28.950550 2021-02-25 17:23:58
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