MXNARS NEWS why is Mexican Peso / Argentine Peso price falling or rising

MXNARS NEWS reasons for why stock price of Mexican Peso / Argentine Peso is falling or rising

MXNARS Mexican Peso is falling or rising technical reasons

Technical analysis forecast for Mexican Peso Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mexican Peso MXNARS at this time. Stock is falling and might fall more.

It appears as if Mexican Peso MXNARS gave a large move recently.

Stock of Mexican Peso (MXNARS) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Mexican Peso is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 50.6 as stoploss in an intra day buy trade for a target of 51.26. However, stock will show a bearish move below 50.6.

MXNARS Mexican Peso is falling or rising NEWS fundamental reasons

More announcements and NEWS

MXNARS Mexican Peso / Argentine Peso current price & indicator signals

Moving Averages for Mexican Peso / Argentine Peso

  • 5Day Average: 51.03
  • 12Day Average: 51.46
  • 20Day Average: 51.61
  • 50Day Average: 50.49
  • 100Day Average: 46.97
  • 150Day Average: 37.93
  • 200Day Average: 33.13

MXNARS Indicators & signals

Indicator MACD (12,26,9)

51.27, 51.15, 0.34
Indicator MACD is in positive zone

Indicator ADX (14)

26.67, 21.15, 36.54
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MXNARS Mexican Peso / Argentine Peso are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Thu Apr 2024 50.78360 50.69690 to 51.23190 -0.66% 0 times
24 Wed Apr 2024 51.12200 51.01220 to 51.53230 -0.6% 0 times
23 Tue Apr 2024 51.43000 50.89520 to 51.47320 1.08% 0 times
22 Mon Apr 2024 50.88160 50.75200 to 51.16160 -0.14% 0 times
19 Fri Apr 2024 50.95160 50.06100 to 50.95160 0.02% 0 times
18 Thu Apr 2024 50.94310 50.80280 to 51.34000 -0.54% 0 times
17 Wed Apr 2024 51.21860 50.93910 to 51.34830 0.49% 0 times
16 Tue Apr 2024 50.96650 50.87750 to 51.95680 -1.91% 0 times
15 Mon Apr 2024 51.95960 51.92050 to 52.33330 -0.18% 0 times
12 Fri Apr 2024 52.05430 51.93480 to 52.68380 -1.17% 0 times
11 Thu Apr 2024 52.67020 52.49390 to 52.69900 0.21% 0 times
10 Wed Apr 2024 52.55900 52.44560 to 52.98600 -0.4% 0 times

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MXNARS NEWS why is Mexican Peso / Argentine Peso price falling or rising

 

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