Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Euro/Mexican Peso (FOREX:EURMXN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_EURMXN
Open High Low EURMXN Price Change
22.020775 22.070220 21.918840 21.919950 -0.100825
Entry Signal

MarketClub’s Trade Triangles for EURMXN

long term down The long term trend has been DOWN since Jul 12th, 2018 at 22.096565

intermediate term up The intermediate term trend has been UP since Aug 24th, 2018 at 22.042085

short term down The short term trend has been DOWN since Sep 7th, 2018 at 22.270600

Smart Scan Analysis for EURMXN

Based on a pre-defined weighted trend formula for chart analysis, EURMXN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.020775 22.070220 21.918840 21.919950 -0.100825
Prev. Close Volume Bid Ask Time
22.020775 21.914900 21.925000 2018-09-18 13:05:48
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