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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

Mexican Peso/Canadian Dollar (FOREX:MXNCAD)

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_MXNCAD
Open High Low MXNCAD Price Change
0.067870 0.067895 0.067490 0.067650 -0.000220
Entry Signal

MarketClub’s Trade Triangles for MXNCAD

long term down The long term trend has been DOWN since Jul 6th, 2017 at 0.07060

intermediate term up The intermediate term trend has been UP since Jan 14th, 2018 at 0.06582

short term up The short term trend has been UP since Feb 1st, 2018 at 0.06674

Smart Scan Analysis for MXNCAD

Based on a pre-defined weighted trend formula for chart analysis, MXNCAD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for MXNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.067870 0.067895 0.067490 0.067650 -0.000220
Prev. Close Volume Bid Ask Time
0.067870 0.067630 0.067670 2018-02-20 22:36:35
Want to analyze Mexican Peso/Canadian Dollar MXNCAD or another symbol? Try our Free Forex Trend Analysis Report.