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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
19.4090 19.4255 19.3627 19.4164 +0.0074
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term down The long term trend has been DOWN since Aug 6th, 2018 at 18.62475

intermediate term up The intermediate term trend has been UP since Aug 12th, 2018 at 19.31655

short term down The short term trend has been DOWN since Sep 18th, 2018 at 19.47070

Smart Scan Analysis for CHFMXN

Based on a pre-defined weighted trend formula for chart analysis, CHFMXN scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.4090 19.4255 19.3627 19.4164 +0.0074
Prev. Close Volume Bid Ask Time
19.409 19.4110 19.4218 2018-09-20 06:19:49
Want to analyze Swiss Franc/Mexican Peso CHFMXN or another symbol? Try our Free Forex Trend Analysis Report.