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Forex Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
Mexican Peso/Argentine Peso (FOREX:MXNARS)
Weak Uptrend (+65) - MXNARS is showing signs of weakening momentum to the upside. Monitor MXNARS as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for MXNARS
The long-term trend has been UP since Dec 23rd, 2021 at 4.9504625
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 51.5047360
The short-term trend has been UP since Apr 29th, 2024 at 51.2650000
Smart Scan Analysis for MXNARS
Based on our trend formula, MXNARS is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 51.78257 | 51.78257 | 51.78257 | 51.78257 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51.78257 | 2024-05-05 03:49:36 |