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Forex Trend Analysis Report

Prepared for you on Tuesday, September 27, 2022.

Mexican Peso/Japanese Yen (FOREX:MXNJPY)

Weak Uptrend (+65) - MXNJPY is showing signs of weakening momentum to the upside. Monitor MXNJPY as it may be in the beginning stages of a reversal.

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

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

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

FOREX_MXNJPY
Open High Low MXNJPY Price Change
7.097027 7.115050 7.081561 7.115050 +0.018023
Entry Signal

MarketClub’s Trade Triangles for MXNJPY

long term up The long-term trend has been UP since Jan 4th, 2022 at 5.666900

intermediate term up The intermediate-term trend has been UP since Aug 16th, 2022 at 6.734612

short term down The short-term trend has been DOWN since Sep 22nd, 2022 at 7.118231

Smart Scan Analysis for MXNJPY

Based on our trend formula, MXNJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MXNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.097027 7.115050 7.081561 7.115050 +0.018023
Prev. Close Volume Bid Ask Time
7.097027 2022-09-27 08:13:02
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