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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

Euro/Mexican Peso (FOREX:EURMXN)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_EURMXN
Open High Low EURMXN Price Change
23.33240 23.33240 23.33240 23.33240 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURMXN

long term up The long term trend has been UP since May 15th, 2018 at 23.481650

intermediate term up The intermediate term trend has been UP since Jun 5th, 2018 at 23.563140

short term down The short term trend has been DOWN since Jun 15th, 2018 at 24.005895

Smart Scan Analysis for EURMXN

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

+55
Smart Scan Analysis for EURMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.33240 23.33240 23.33240 23.33240 0.00000
Prev. Close Volume Bid Ask Time
23.33240 23.31443 23.35037 2018-06-23 11:24:44
Want to analyze Euro/Mexican Peso EURMXN or another symbol? Try our Free Forex Trend Analysis Report.