Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Canadian Dollar/Mexican Peso (FOREX:CADMXN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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.

FOREX_CADMXN
Open High Low CADMXN Price Change
14.39500 14.40085 14.38190 14.39030 -0.00470
Entry Signal

MarketClub’s Trade Triangles for CADMXN

long term down The long term trend has been DOWN since Dec 25th, 2018 at 14.37585

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2018 at 15.18350

short term up The short term trend has been UP since Jan 18th, 2019 at 14.38930

Smart Scan Analysis for CADMXN

Based on a pre-defined weighted trend formula for chart analysis, CADMXN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CADMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.39500 14.40085 14.38190 14.39030 -0.00470
Prev. Close Volume Bid Ask Time
14.39500 14.38610 14.39450 2019-01-20 18:07:29
Want to analyze Canadian Dollar/Mexican Peso CADMXN or another symbol? Try our Free Forex Trend Analysis Report.