Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

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_CHFMXN
Open High Low CHFMXN Price Change
18.46895 18.48655 18.44105 18.44710 -0.02185
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term down The long term trend has been DOWN since Mar 3rd, 2017 at 19.49075

intermediate term up The intermediate term trend has been UP since Aug 28th, 2017 at 18.76815

short term down The short term trend has been DOWN since Sep 20th, 2017 at 18.32710

Smart Scan Analysis for CHFMXN

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

-75
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.46895 18.48655 18.44105 18.44710 -0.02185
Prev. Close Volume Bid Ask Time
18.46895 18.44170 18.45250 2017-09-22 03:59:20
Want to analyze Swiss Franc/Mexican Peso CHFMXN or another symbol? Try our Free Forex Trend Analysis Report.