Forex Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
Mexican Peso/Czech Koruna (FOREX:MXNCZK)
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.
MarketClub’s Trade Triangles for MXNCZK
The long term trend has been DOWN since Nov 13th, 2018 at 1.119615
The intermediate term trend has been UP since Dec 21st, 2018 at 1.142150
The short term trend has been UP since Dec 20th, 2018 at 1.134770
Smart Scan Analysis for MXNCZK
Based on a pre-defined weighted trend formula for chart analysis, MXNCZK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).