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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
19.05635 19.11255 19.05630 19.07420 +0.01785
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 down The intermediate term trend has been DOWN since Dec 20th, 2018 at 20.04495

short term up The short term trend has been UP since Jan 2nd, 2019 at 20.04085

Smart Scan Analysis for CHFMXN

Based on a pre-defined weighted trend formula for chart analysis, CHFMXN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.05635 19.11255 19.05630 19.07420 +0.01785
Prev. Close Volume Bid Ask Time
19.05635 19.06900 19.07940 2019-01-17 05:31:52
Want to analyze Swiss Franc/Mexican Peso CHFMXN or another symbol? Try our Free Forex Trend Analysis Report.