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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Mexican Peso/Argentine Peso (FOREX:MXNARS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_MXNARS
Open High Low MXNARS Price Change
1.2282 1.2360 1.2262 1.2262 -0.0020
Entry Signal

MarketClub’s Trade Triangles for MXNARS

long term up The long term trend has been UP since Jan 2nd, 2018 at 0.97456

intermediate term up The intermediate term trend has been UP since May 3rd, 2018 at 1.12540

short term down The short term trend has been DOWN since May 21st, 2018 at 1.22240

Smart Scan Analysis for MXNARS

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

+75
Smart Scan Analysis for MXNARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2282 1.2360 1.2262 1.2262 -0.0020
Prev. Close Volume Bid Ask Time
1.2282 1.2260 1.2264 2018-05-22 23:05:58
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