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.
MarketClub’s Trade Triangles for CHFMXN
The long term trend has been UP since Nov 9th, 2018 at 20.26535
The intermediate term trend has been UP since Oct 22nd, 2018 at 19.44920
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).