Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Mexican Peso/New Zealand Dollar (FOREX:MXNNZD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_MXNNZD
Open High Low MXNNZD Price Change
0.071960 0.072025 0.071670 0.072010 +0.000050
Entry Signal

MarketClub’s Trade Triangles for MXNNZD

long term down The long term trend has been DOWN since Nov 1st, 2018 at 0.074945

intermediate term down The intermediate term trend has been DOWN since Oct 19th, 2018 at 0.078830

short term down The short term trend has been DOWN since Nov 7th, 2018 at 0.074585

Smart Scan Analysis for MXNNZD

Based on a pre-defined weighted trend formula for chart analysis, MXNNZD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for MXNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.071960 0.072025 0.071670 0.072010 +0.000050
Prev. Close Volume Bid Ask Time
0.071960 0.071990 0.072030 2018-11-14 05:52:43
Want to analyze Mexican Peso/New Zealand Dollar MXNNZD or another symbol? Try our Free Forex Trend Analysis Report.