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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.

FOREX_MXNCZK
Open High Low MXNCZK Price Change
1.179305 1.184095 1.174115 1.181865 +0.002560
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 up The intermediate term trend has been UP since Dec 21st, 2018 at 1.142150

short term up 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).

+70
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.179305 1.184095 1.174115 1.181865 +0.002560
Prev. Close Volume Bid Ask Time
1.179305 1.180840 1.182890 2019-01-18 12:28:55
Want to analyze Mexican Peso/Czech Koruna MXNCZK or another symbol? Try our Free Forex Trend Analysis Report.