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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Mexican Peso/Australian Dollar (FOREX:MXNAUD)
Countertrend Up (+85) - MXNAUD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MXNAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNAUD.
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 MXNAUD
The long-term trend has been UP since Dec 10th, 2024 at 0.07779563
The intermediate-term trend has been UP since Dec 3rd, 2024 at 0.07636576
The short-term trend has been DOWN since Dec 25th, 2024 at 0.07900675
Smart Scan Analysis for MXNAUD
Based on our trend formula, MXNAUD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07943450 | 0.07965704 | 0.07934185 | 0.07955400 | +0.00011900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07943450 | 2024-12-26 06:03:54 |