Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

Mexican Peso/Chilean Peso (FOREX:MXNCLP)

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_MXNCLP
Open High Low MXNCLP Price Change
31.925 31.925 31.925 31.925 0.000
Entry Signal

MarketClub’s Trade Triangles for MXNCLP

long term down The long term trend has been DOWN since Sep 1st, 2017 at 35.424

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2018 at 32.018

short term up The short term trend has been UP since Feb 12th, 2018 at 32.018

Smart Scan Analysis for MXNCLP

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

-75
Smart Scan Analysis for MXNCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.925 31.925 31.925 31.925 0.000
Prev. Close Volume Bid Ask Time
32.100 31.317 32.533 2018-02-13 21:31:30
Want to analyze Mexican Peso/Chilean Peso MXNCLP or another symbol? Try our Free Forex Trend Analysis Report.