Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Russian Ruble/Mexican Peso (FOREX:RUBMXN)
Bull Market Weakness (+75) - RUBMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RUBMXN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RUBMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RUBMXN.
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 RUBMXN
The long-term trend has been DOWN since Feb 16th, 2024 at 0.18278900
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.18023229
The short-term trend has been UP since Apr 12th, 2024 at 0.17679979
Smart Scan Analysis for RUBMXN
Based on our trend formula, RUBMXN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.18668466 | 0.18779668 | 0.18575613 | 0.18661873 | -0.00006600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.18668466 | 2024-04-26 15:44:55 |