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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
/Mexican Peso (FOREX:MXVMXN)
Bull Market Weakness (+75) - MXVMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXVMXN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MXVMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXVMXN.
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 MXVMXN
The long-term trend has been UP since Apr 20th, 2021 at 6.778690
The intermediate-term trend has been UP since Apr 2nd, 2024 at 8.106055
The short-term trend has been UP since Mar 17th, 2024 at 8.104697
Smart Scan Analysis for MXVMXN
Based on our trend formula, MXVMXN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.129594 | 8.129594 | 8.129594 | 8.129594 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.129437 | 8.129594 | 8.129594 | 2024-04-14 23:50:34 |