Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

Mexican Peso/Australian Dollar (FOREX:MXNAUD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_MXNAUD
Open High Low MXNAUD Price Change
0.067785 0.067830 0.067735 0.067825 +0.000040
Entry Signal

MarketClub’s Trade Triangles for MXNAUD

long term down The long term trend has been DOWN since Sep 5th, 2017 at 0.069910

intermediate term down The intermediate term trend has been DOWN since Aug 28th, 2017 at 0.070225

short term up The short term trend has been UP since Oct 17th, 2017 at 0.067595

Smart Scan Analysis for MXNAUD

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

-75
Smart Scan Analysis for MXNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.067785 0.067830 0.067735 0.067825 +0.000040
Prev. Close Volume Bid Ask Time
0.067785 0.067810 0.067840 2017-10-18 01:21:20
Want to analyze Mexican Peso/Australian Dollar MXNAUD or another symbol? Try our Free Forex Trend Analysis Report.