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Forex Trend Analysis Report

Prepared for you on Sunday, December 17, 2017.

British Pound/Mexican Peso (FOREX:GBPMXN)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_GBPMXN
Open High Low GBPMXN Price Change
25.478 25.478 25.478 25.478 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPMXN

long term up The long term trend has been UP since Sep 21st, 2017 at 24.21685

intermediate term up The intermediate term trend has been UP since Dec 7th, 2017 at 25.52165

short term up The short term trend has been UP since Dec 6th, 2017 at 25.24900

Smart Scan Analysis for GBPMXN

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

+100
Smart Scan Analysis for GBPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.478 25.478 25.478 25.478 0.000
Prev. Close Volume Bid Ask Time
25.478 25.458 25.498 2017-12-17 01:03:36
Want to analyze British Pound/Mexican Peso GBPMXN or another symbol? Try our Free Forex Trend Analysis Report.