Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, November 19, 2017.

Mexican Peso/Japanese Yen (FOREX:MXNJPY)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_MXNJPY
Open High Low MXNJPY Price Change
5.9249 5.9249 5.9249 5.9249 0.0000
Entry Signal

MarketClub’s Trade Triangles for MXNJPY

long term down The long term trend has been DOWN since Oct 9th, 2017 at 6.03250

intermediate term down The intermediate term trend has been DOWN since Oct 6th, 2017 at 6.08705

short term down The short term trend has been DOWN since Nov 14th, 2017 at 5.90445

Smart Scan Analysis for MXNJPY

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

-100
Smart Scan Analysis for MXNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.9249 5.9249 5.9249 5.9249 0.0000
Prev. Close Volume Bid Ask Time
5.9249 5.9202 5.9296 2017-11-19 12:34:54
Want to analyze Mexican Peso/Japanese Yen MXNJPY or another symbol? Try our Free Forex Trend Analysis Report.