USDMXN

August 15, 2022 21:50 GMT

USDMXN Hourly View

Over the past 91 days, USDMXN’s price has been in a clear uptrend, growing by about $0.01 per day.

Over the past 133 days, the trend for USDMXN’s price has been choppy and unclear. It has oscillated between $19.5436 and $20.8482.

USDMXN’s price has moved down $1.44 over the prior 23 months.

USDMXN has a price of $19.823, down 2.59% from its value 17 days prior.

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+ 500 – Internal server error

Volatility for usdmxn has been contracting over the past two weeks relative to volatility over the past month.

And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.

Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.

Relative to other instruments in the forex asset class, usdmxn ranked 33rd the previous day in terms of percentage price change.

Volatility for usdmxn has been contracting over the past two weeks relative to volatility over the past month.

This is the 2nd hour in a row usdmxn has seen its price head down.

It’s been a feast for bears operating on an hourly timeframe, as usdmxn has now gone down 4 of the past 5 hours.

This is the 2nd consecutive hour usdmxn has seen its price head up.

Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.