Future Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
MEXICAN PESO (FXCM) Cash (DTN:MP.Y$$)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MP.Y$$
The long term trend has been DOWN since Oct 6th, 2017 at 0.0544
The intermediate term trend has been UP since Mar 22nd, 2018 at 0.0540
The short term trend has been UP since Mar 22nd, 2018 at 0.0538
Smart Scan Analysis for MP.Y$$
Based on a pre-defined weighted trend formula for chart analysis, MP.Y$$ scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.13401||Contract High Date||1996-08-16|
|Contract Low||0.06392||Contract Low Date||2015-03-10|
|Open Time||08:00||Close Time||15:10|