Forex Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
Mexican Peso/United Arab Emirates Dirham (FOREX:MXNAED)
Strong Uptrend (+100) - MXNAED is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNAED 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 MXNAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MXNAED
The long-term trend has been UP since Sep 9th, 2020 at 0.17113255
The intermediate-term trend has been UP since Sep 4th, 2020 at 0.16961369
The short-term trend has been UP since Oct 16th, 2020 at 0.17365604
Smart Scan Analysis for MXNAED
Based on our trend formula, MXNAED is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).