Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Mexican Peso/Chilean Peso (FOREX:MXNCLP)

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_MXNCLP
Open High Low MXNCLP Price Change
34.897 34.897 34.897 34.897 0.000
Entry Signal

MarketClub’s Trade Triangles for MXNCLP

long term up The long term trend has been UP since Jul 3rd, 2018 at 33.1460

intermediate term down The intermediate term trend has been DOWN since Sep 23rd, 2018 at 35.5885

short term up The short term trend has been UP since Oct 7th, 2018 at 34.9535

Smart Scan Analysis for MXNCLP

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

-55
Smart Scan Analysis for MXNCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.897 34.897 34.897 34.897 0.000
Prev. Close Volume Bid Ask Time
34.897 34.267 35.527 2018-10-21 20:21:20
Want to analyze Mexican Peso/Chilean Peso MXNCLP or another symbol? Try our Free Forex Trend Analysis Report.