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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Mexican Peso/US Dollar (FOREX:MXNUSD)
Weak Downtrend (-65) - MXNUSD is showing signs of a strengthening downtrend. Monitor MXNUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MXNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNUSD.
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 MXNUSD
The long-term trend has been DOWN since Apr 18th, 2024 at 0.05751527
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.04776021
The short-term trend has been UP since Feb 3rd, 2025 at 0.04901200
Smart Scan Analysis for MXNUSD
Based on our trend formula, MXNUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04894696 | 0.04921771 | 0.04857550 | 0.04879600 | -0.00015100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04894696 | 2025-02-04 23:09:07 |