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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Mexican Peso/Euro (FOREX:MXNEUR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_MXNEUR
Open High Low MXNEUR Price Change
0.045605 0.045660 0.045570 0.045589 -0.000016
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 down The intermediate term trend has been DOWN since Aug 24th, 2018 at 0.045365

short term up The short term trend has been UP since Sep 7th, 2018 at 0.044900

Smart Scan Analysis for MXNEUR

Based on a pre-defined weighted trend formula for chart analysis, MXNEUR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for MXNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045605 0.045660 0.045570 0.045589 -0.000016
Prev. Close Volume Bid Ask Time
0.045605 0.045580 0.045598 2018-09-20 06:50:28
Want to analyze Mexican Peso/Euro MXNEUR or another symbol? Try our Free Forex Trend Analysis Report.