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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Mexican Peso/Russian Ruble (FOREX:MXNRUB)

Sidelines Mode (-55) - MXNRUB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_MXNRUB
Open High Low MXNRUB Price Change
4.2249782 4.2910912 4.2233077 4.2659013 +0.0409230
Entry Signal

MarketClub’s Trade Triangles for MXNRUB

long term down The long-term trend has been DOWN since Feb 12th, 2025 at 4.6117572

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2025 at 4.0682853

short term up The short-term trend has been UP since May 9th, 2025 at 4.2285366

Smart Scan Analysis for MXNRUB

Based on our trend formula, MXNRUB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MXNRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2249782 4.2910912 4.2233077 4.2659013 +0.0409230
Prev. Close Volume Bid Ask Time
4.2249782 2025-05-09 03:43:43
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