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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
1.12785 1.13643 1.12531 1.13230 +0.00445
Entry Signal

MarketClub’s Trade Triangles for MXNCZK

long term down The long term trend has been DOWN since Nov 13th, 2018 at 1.119615

intermediate term down The intermediate term trend has been DOWN since Oct 22nd, 2018 at 1.161965

short term down The short term trend has been DOWN since Nov 9th, 2018 at 1.128030

Smart Scan Analysis for MXNCZK

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

-100
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.12785 1.13643 1.12531 1.13230 +0.00445
Prev. Close Volume Bid Ask Time
1.12785 1.13135 1.13325 2018-11-15 21:59:09
Want to analyze Mexican Peso/Czech Koruna MXNCZK or another symbol? Try our Free Forex Trend Analysis Report.