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Forex Trend Analysis Report

Prepared for you on Monday, November 20, 2017.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_CHFMXN
Open High Low CHFMXN Price Change
19.16935 19.20125 19.12665 19.14955 -0.01980
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term up The long term trend has been UP since Oct 9th, 2017 at 19.0918

intermediate term up The intermediate term trend has been UP since Sep 29th, 2017 at 18.8046

short term down The short term trend has been DOWN since Nov 17th, 2017 at 19.1482

Smart Scan Analysis for CHFMXN

Based on a pre-defined weighted trend formula for chart analysis, CHFMXN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.16935 19.20125 19.12665 19.14955 -0.01980
Prev. Close Volume Bid Ask Time
19.16935 19.14430 19.15480 2017-11-20 14:11:54
Want to analyze Swiss Franc/Mexican Peso CHFMXN or another symbol? Try our Free Forex Trend Analysis Report.