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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
1.155500 1.160570 1.152735 1.160560 +0.005060
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 down The intermediate term trend has been DOWN since Aug 24th, 2018 at 1.165965

short term down The short term trend has been DOWN since Sep 17th, 2018 at 1.152805

Smart Scan Analysis for MXNCZK

Based on a pre-defined weighted trend formula for chart analysis, MXNCZK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.155500 1.160570 1.152735 1.160560 +0.005060
Prev. Close Volume Bid Ask Time
1.155500 1.159530 1.161590 2018-09-18 13:05:54
Want to analyze Mexican Peso/Czech Koruna MXNCZK or another symbol? Try our Free Forex Trend Analysis Report.