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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
20.35755 20.38445 20.31535 20.32810 -0.02945
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term up The long term trend has been UP since Nov 9th, 2018 at 20.26535

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2018 at 19.44920

short term up The short term trend has been UP since Nov 8th, 2018 at 20.03895

Smart Scan Analysis for CHFMXN

Based on a pre-defined weighted trend formula for chart analysis, CHFMXN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.35755 20.38445 20.31535 20.32810 -0.02945
Prev. Close Volume Bid Ask Time
20.35755 20.32290 20.33330 2018-11-14 05:53:56
Want to analyze Swiss Franc/Mexican Peso CHFMXN or another symbol? Try our Free Forex Trend Analysis Report.