Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, February 17, 2018.

Mexican Peso/British Pound (FOREX:MXNGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.03849 0.03849 0.03849 0.03849 0.00000
Entry Signal

MarketClub’s Trade Triangles for MXNGBP

long term down The long term trend has been DOWN since Sep 21st, 2017 at 0.041295

intermediate term up The intermediate term trend has been UP since Feb 12th, 2018 at 0.038750

short term down The short term trend has been DOWN since Feb 14th, 2018 at 0.038495

Smart Scan Analysis for MXNGBP

Based on a pre-defined weighted trend formula for chart analysis, MXNGBP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for MXNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03849 0.03849 0.03849 0.03849 0.00000
Prev. Close Volume Bid Ask Time
0.03849 0.03846 0.03852 2018-02-17 20:12:15
Want to analyze Mexican Peso/British Pound MXNGBP or another symbol? Try our Free Forex Trend Analysis Report.