Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, December 9, 2018.

Mexican Peso/British Pound (FOREX:MXNGBP)

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_MXNGBP
Open High Low MXNGBP Price Change
0.038740 0.038815 0.038735 0.038747 +0.000007
Entry Signal

MarketClub’s Trade Triangles for MXNGBP

long term down The long term trend has been DOWN since Nov 1st, 2018 at 0.038295

intermediate term up The intermediate term trend has been UP since Dec 2nd, 2018 at 0.038845

short term up The short term trend has been UP since Dec 7th, 2018 at 0.038740

Smart Scan Analysis for MXNGBP

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

+60
Smart Scan Analysis for MXNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.038740 0.038815 0.038735 0.038747 +0.000007
Prev. Close Volume Bid Ask Time
0.038740 0.038719 0.038776 2018-12-09 19:09:22
Want to analyze Mexican Peso/British Pound MXNGBP or another symbol? Try our Free Forex Trend Analysis Report.