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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Mexican Peso/Australian Dollar (FOREX:MXNAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_MXNAUD
Open High Low MXNAUD Price Change
0.068800 0.068800 0.068800 0.068800 0.000000
Entry Signal

MarketClub’s Trade Triangles for MXNAUD

long term down The long term trend has been DOWN since Nov 1st, 2018 at 0.069130

intermediate term up The intermediate term trend has been UP since Dec 9th, 2018 at 0.068659

short term down The short term trend has been DOWN since Dec 13th, 2018 at 0.068115

Smart Scan Analysis for MXNAUD

Based on a pre-defined weighted trend formula for chart analysis, MXNAUD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for MXNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.068800 0.068800 0.068800 0.068800 0.000000
Prev. Close Volume Bid Ask Time
0.068800 0.068749 0.068851 2018-12-15 00:13:16
Want to analyze Mexican Peso/Australian Dollar MXNAUD or another symbol? Try our Free Forex Trend Analysis Report.