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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

Euro/Mexican Peso (FOREX:EURMXN)

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.

FOREX_EURMXN
Open High Low EURMXN Price Change
22.314350 22.461100 22.299250 22.409915 +0.095565
Entry Signal

MarketClub’s Trade Triangles for EURMXN

long term up The long term trend has been UP since Aug 28th, 2017 at 21.35015

intermediate term up The intermediate term trend has been UP since Dec 11th, 2017 at 22.39260

short term up The short term trend has been UP since Dec 6th, 2017 at 22.21240

Smart Scan Analysis for EURMXN

Based on a pre-defined weighted trend formula for chart analysis, EURMXN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for EURMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.314350 22.461100 22.299250 22.409915 +0.095565
Prev. Close Volume Bid Ask Time
22.314350 22.403830 22.416000 2017-12-11 17:31:13
Want to analyze Euro/Mexican Peso EURMXN or another symbol? Try our Free Forex Trend Analysis Report.