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Forex Trend Analysis Report

Prepared for you on Thursday, February 6, 2025.

Mexican Peso/Argentine Peso (FOREX:MXNARS)

Long-Term Uptrend (+90) - MXNARS is in a strong uptrend that is likely to continue. While MXNARS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_MXNARS
Open High Low MXNARS Price Change
51.179311 51.215874 51.033710 51.132457 -0.046854
Entry Signal

MarketClub’s Trade Triangles for MXNARS

long term up The long-term trend has been UP since Dec 13th, 2024 at 50.829638

intermediate term up The intermediate-term trend has been UP since Jan 23rd, 2025 at 51.222252

short term up The short-term trend has been UP since Feb 4th, 2025 at 51.821271

Smart Scan Analysis for MXNARS

Based on our trend formula, MXNARS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MXNARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.179311 51.215874 51.033710 51.132457 -0.046854
Prev. Close Volume Bid Ask Time
51.179311 2025-02-06 08:36:47
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