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Forex Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
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.
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MarketClub’s Trade Triangles for MXNAED
The long-term trend has been UP since Feb 17th, 2022 at 0.18136425
The intermediate-term trend has been UP since May 17th, 2022 at 0.18360592
The short-term trend has been UP since May 13th, 2022 at 0.18225684
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.18408475 | 0.18522755 | 0.18400987 | 0.18500901 | +0.00092400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.18408475 | 2022-05-20 17:08:34 |