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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Mexican Peso/Swiss Franc (FOREX:MXNCHF)

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_MXNCHF
Open High Low MXNCHF Price Change
0.052184 0.052184 0.052184 0.052184 0.000000
Entry Signal

MarketClub’s Trade Triangles for MXNCHF

long term down The long term trend has been DOWN since Nov 9th, 2018 at 0.049337

intermediate term up The intermediate term trend has been UP since Dec 20th, 2018 at 0.049873

short term up The short term trend has been UP since Jan 4th, 2019 at 0.050729

Smart Scan Analysis for MXNCHF

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

+70
Smart Scan Analysis for MXNCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.052184 0.052184 0.052184 0.052184 0.000000
Prev. Close Volume Bid Ask Time
0.052184 0.052143 0.052225 2019-01-19 19:20:37
Want to analyze Mexican Peso/Swiss Franc MXNCHF or another symbol? Try our Free Forex Trend Analysis Report.