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Forex Trend Analysis Report

Prepared for you on Wednesday, March 21, 2018.

Mexican Peso/Argentine Peso (FOREX:MXNARS)

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.

Open High Low MXNARS Price Change
1.0873 1.0952 1.0857 1.0909 +0.0036
Entry Signal

MarketClub’s Trade Triangles for MXNARS

long term up The long term trend has been UP since Jan 2nd, 2018 at 0.974560

intermediate term up The intermediate term trend has been UP since Dec 27th, 2017 at 0.933285

short term up The short term trend has been UP since Mar 21st, 2018 at 1.082300

Smart Scan Analysis for MXNARS

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

Smart Scan Analysis for MXNARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0873 1.0952 1.0857 1.0909 +0.0036
Prev. Close Volume Bid Ask Time
1.0873 1.0907 1.0911 2018-03-21 15:13:23
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