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Forex Trend Analysis Report

Prepared for you on Sunday, July 15, 2018.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

FOREX_CHFMXN
Open High Low CHFMXN Price Change
18.85600 18.87550 18.84980 18.87415 +0.01815
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term up The long term trend has been UP since May 31st, 2018 at 20.32855

intermediate term down The intermediate term trend has been DOWN since Jun 25th, 2018 at 20.13785

short term down The short term trend has been DOWN since Jul 3rd, 2018 at 19.71715

Smart Scan Analysis for CHFMXN

Based on a pre-defined weighted trend formula for chart analysis, CHFMXN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.85600 18.87550 18.84980 18.87415 +0.01815
Prev. Close Volume Bid Ask Time
18.85600 18.83660 18.91170 2018-07-15 15:46:09
Want to analyze Swiss Franc/Mexican Peso CHFMXN or another symbol? Try our Free Forex Trend Analysis Report.