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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Mexican Peso/Euro (FOREX:MXNEUR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_MXNEUR
Open High Low MXNEUR Price Change
0.045415 0.045600 0.045180 0.045450 +0.000035
Entry Signal

MarketClub’s Trade Triangles for MXNEUR

long term up The long term trend has been UP since Jul 12th, 2018 at 0.045260

intermediate term up The intermediate term trend has been UP since Jun 26th, 2018 at 0.043045

short term up The short term trend has been UP since Jul 18th, 2018 at 0.045530

Smart Scan Analysis for MXNEUR

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

+100
Smart Scan Analysis for MXNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045415 0.045600 0.045180 0.045450 +0.000035
Prev. Close Volume Bid Ask Time
0.045415 0.045440 0.045460 2018-07-18 23:45:54
Want to analyze Mexican Peso/Euro MXNEUR or another symbol? Try our Free Forex Trend Analysis Report.