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Forex Trend Analysis Report

Prepared for you on Monday, July 23, 2018.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_MXNCZK
Open High Low MXNCZK Price Change
1.155795 1.157165 1.155585 1.156680 +0.000885
Entry Signal

MarketClub’s Trade Triangles for MXNCZK

long term up The long term trend has been UP since Jul 3rd, 2018 at 1.147155

intermediate term up The intermediate term trend has been UP since Jun 25th, 2018 at 1.111000

short term down The short term trend has been DOWN since Jul 20th, 2018 at 1.163640

Smart Scan Analysis for MXNCZK

Based on a pre-defined weighted trend formula for chart analysis, MXNCZK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.155795 1.157165 1.155585 1.156680 +0.000885
Prev. Close Volume Bid Ask Time
1.155795 1.155670 1.157690 2018-07-23 03:59:08
Want to analyze Mexican Peso/Czech Koruna MXNCZK or another symbol? Try our Free Forex Trend Analysis Report.