We concluded last month ("Let the trend be your friend: The majors," January 2009) the major currencies’ trends have a nasty habit of ending abruptly and taking away hard-earned trading profits at the last moment. What should we expect from the minor currencies?

Let’s address the question of which currencies are the trendiest by examining the Mexican peso (MXN), Indian rupee (INR), Brazilian real (BRL), South African rand (ZAR), Chilean peso (CLP), and the Indonesian rupiah (IDR).