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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2025.

Mexican Peso/Russian Ruble (FOREX:MXNRUB)

Long-Term Downtrend (-90) - MXNRUB is in a strong downtrend that is likely to continue. While MXNRUB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
4.4802661 4.5413031 4.4607114 4.5158507 +0.0355850
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 Jan 10th, 2025 at 4.9258219

short term down The short-term trend has been DOWN since Feb 6th, 2025 at 4.6990020

Smart Scan Analysis for MXNRUB

Based on our trend formula, MXNRUB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MXNRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4802661 4.5413031 4.4607114 4.5158507 +0.0355850
Prev. Close Volume Bid Ask Time
4.4802661 2025-02-17 09:50:47
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