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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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MarketClub’s Trade Triangles for MXNARS
The long-term trend has been UP since Dec 13th, 2024 at 50.829638
The intermediate-term trend has been UP since Dec 5th, 2024 at 50.022640
The short-term trend has been UP since Dec 20th, 2024 at 50.820108
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 50.835262 | 50.863627 | 50.797975 | 50.811770 | -0.023492 |
| Prev. Close | Volume | Bid | Ask | Time |
| 50.835262 | 2024-12-26 05:37:28 |