Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, November 18, 2024.
Mexican Peso/British Pound (FOREX:MXNGBP)
Bull Market Weakness (+75) - MXNGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNGBP as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MXNGBP
The long-term trend has been DOWN since Apr 18th, 2024 at 0.04544578
The intermediate-term trend has been UP since Nov 18th, 2024 at 0.03901083
The short-term trend has been UP since Nov 14th, 2024 at 0.03845982
Smart Scan Analysis for MXNGBP
Based on our trend formula, MXNGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03890300 | 0.03903802 | 0.03871940 | 0.03897540 | +0.00007200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03890300 | 2024-11-18 13:29:43 |