USD/MXN Down 12 Pips On Hourly Chart, 4 Day Down Streak Ended; in a Downtrend Over Past 30 Days
Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
USDMXN
January 19, 2022 6:50 GMT
USDMXN Hourly View
Over the past 91 days, the trend for USDMXN’s price has been choppy and unclear. It has oscillated between $20.1769 and $21.882.
USDMXN Daily View
Over the past 135 days, the trend for USDMXN’s price has been choppy and unclear. It has oscillated between $19.8562 and $21.882.
USDMXN Weekly View
USDMXN’s price has moved down $0.74 over the prior 16 months.
USDMXN Monthly View
USDMXN has a price of $20.3847, down 0.56% from its value 19 days prior.
What is USDMXN Correlated With?
+ Strongest correlations over previous 30 days within its asset class: USDCAD, GBPUSD, and CADJPY
+ Weakest correlation over previous 30 days within its asset class: AUDCHF
USD/MXN Up 239 Pips in Last Hour, Moves Down For the 2nd Day In A Row; Nears 200 Day Moving Average
The closest is the 200 day average, which is 376.6 pips away.
USD/MXN Up 112 Pips Over Past Hour, Came Into Today Up For the 2nd Consecutive Day; in a Downtrend Over Past 30 Days
Volatility for usdmxn has been contracting over the past two weeks relative to volatility over the past month.
USD/MXN Down 63 Pips Over Past Hour, Makes Big Move Relative to Two Week Trend; 2 Day Up Streak Snapped
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down.
USD/MXN Up 259 Pips in Last Hour, in a Downtrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart
Relative to other instruments in the forex asset class, usdmxn ranked 17th yesterday in terms of percentage price change.
USD/MXN Down 84 Pips On Hourly Chart, Came Into Today Down For the 2nd Day In A Row; Nears 100 Day Moving Average
Relative to other instruments in the forex asset class, usdmxn ranked 37th the day prior in terms of percentage price change.
USD/MXN Down 125 Pips Over Past Hour
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down.
USD/MXN Up 117 Pips in Last Hour, 3 Day Down Streak Snapped; in a Downtrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
USD/MXN Up 155 Pips Over Past Hour, Moves Down For the 3rd Straight Day; in an Uptrend Over Past 90 Days
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time.
USD/MXN Up 233 Pips On Hourly Chart, 2 Day Down Streak Ended; in a Downtrend Over Past 14 Days
Relative to other instruments in the forex asset class, usdmxn ranked 18th yesterday in terms of percentage price change.