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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.

FOREX_MXNAED
Open High Low MXNAED Price Change
0.17550145 0.17564102 0.17547207 0.17554920 +0.00004800
Entry Signal

MarketClub’s Trade Triangles for MXNAED

long term up The long-term trend has been UP since Sep 9th, 2020 at 0.17113255

intermediate term up The intermediate-term trend has been UP since Sep 4th, 2020 at 0.16961369

short term up 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).

+100
Smart Scan Analysis for MXNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17550145 0.17564102 0.17547207 0.17554920 +0.00004800
Prev. Close Volume Bid Ask Time
0.17550145 2020-10-27 01:45:00
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