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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Mexican Peso/Australian Dollar (FOREX:MXNAUD)

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_MXNAUD
Open High Low MXNAUD Price Change
0.074685 0.074730 0.074285 0.074555 -0.000130
Entry Signal

MarketClub’s Trade Triangles for MXNAUD

long term up The long term trend has been UP since Jul 26th, 2018 at 0.072065

intermediate term up The intermediate term trend has been UP since Sep 11th, 2018 at 0.073225

short term down The short term trend has been DOWN since Oct 17th, 2018 at 0.074295

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
0.074685 0.074730 0.074285 0.074555 -0.000130
Prev. Close Volume Bid Ask Time
0.074685 0.074540 0.074570 2018-10-17 17:11:05
Want to analyze Mexican Peso/Australian Dollar MXNAUD or another symbol? Try our Free Forex Trend Analysis Report.