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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

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
21.79962 21.84015 21.79750 21.82165 +0.02203
Entry Signal

MarketClub’s Trade Triangles for EURMXN

long term up The long term trend has been UP since Nov 13th, 2018 at 23.15725

intermediate term down The intermediate term trend has been DOWN since Dec 16th, 2018 at 22.69965

short term up The short term trend has been UP since Jan 21st, 2019 at 21.77875

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
21.79962 21.84015 21.79750 21.82165 +0.02203
Prev. Close Volume Bid Ask Time
21.79962 21.81660 21.82670 2019-01-22 04:56:35
Want to analyze Euro/Mexican Peso EURMXN or another symbol? Try our Free Forex Trend Analysis Report.