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Forex Trend Analysis Report

Prepared for you on Monday, May 21, 2018.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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
19.93055 19.94735 19.92005 19.92105 -0.00950
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term down The long term trend has been DOWN since Apr 3rd, 2018 at 18.99930

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2018 at 19.24475

short term up The short term trend has been UP since May 14th, 2018 at 19.51070

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
19.93055 19.94735 19.92005 19.92105 -0.00950
Prev. Close Volume Bid Ask Time
19.93055 19.91560 19.92650 2018-05-21 03:03:17
Want to analyze Swiss Franc/Mexican Peso CHFMXN or another symbol? Try our Free Forex Trend Analysis Report.