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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Mexican Peso/Brazilian Real (FOREX:MXNBRL)

Crossroads (-60) - MXNBRL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_MXNBRL
Open High Low MXNBRL Price Change
0.29010041 0.29029575 0.28989427 0.29006836 -0.00003200
Entry Signal

MarketClub’s Trade Triangles for MXNBRL

long term down The long-term trend has been DOWN since Feb 2nd, 2025 at 0.27877943

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2025 at 0.29136193

short term up The short-term trend has been UP since May 2nd, 2025 at 0.29059289

Smart Scan Analysis for MXNBRL

Based on our trend formula, MXNBRL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MXNBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.29010041 0.29029575 0.28989427 0.29006836 -0.00003200
Prev. Close Volume Bid Ask Time
0.29010041 2025-05-09 03:26:28
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