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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 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
19.3587 19.3913 19.3278 19.3619 +0.0032
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term up The long term trend has been UP since Oct 9th, 2017 at 19.09180

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2018 at 19.53725

short term down The short term trend has been DOWN since Jan 15th, 2018 at 19.55335

Smart Scan Analysis for CHFMXN

Based on a pre-defined weighted trend formula for chart analysis, CHFMXN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.3587 19.3913 19.3278 19.3619 +0.0032
Prev. Close Volume Bid Ask Time
19.3587 19.3565 19.3673 2018-01-22 10:41:44
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