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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
Mexican Peso/British Pound (FOREX:MXNGBP)
Strong Uptrend (+100) - MXNGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MXNGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNGBP.
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 MXNGBP
The long-term trend has been UP since Jan 14th, 2025 at 0.04001544
The intermediate-term trend has been UP since Jan 8th, 2025 at 0.03972100
The short-term trend has been UP since Jan 2nd, 2025 at 0.03913300
Smart Scan Analysis for MXNGBP
Based on our trend formula, MXNGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03992250 | 0.04000626 | 0.03975888 | 0.03988850 | -0.00003400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03992250 | 2025-01-15 11:26:16 |