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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

Mexican Peso/New Zealand Dollar (FOREX:MXNNZD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_MXNNZD
Open High Low MXNNZD Price Change
0.073705 0.073865 0.073485 0.073595 -0.000110
Entry Signal

MarketClub’s Trade Triangles for MXNNZD

long term down The long term trend has been DOWN since Oct 12th, 2017 at 0.074605

intermediate term up The intermediate term trend has been UP since Jan 15th, 2018 at 0.072955

short term up The short term trend has been UP since Jan 14th, 2018 at 0.072705

Smart Scan Analysis for MXNNZD

Based on a pre-defined weighted trend formula for chart analysis, MXNNZD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for MXNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.073705 0.073865 0.073485 0.073595 -0.000110
Prev. Close Volume Bid Ask Time
0.073705 0.073570 0.073620 2018-01-22 09:29:55
Want to analyze Mexican Peso/New Zealand Dollar MXNNZD or another symbol? Try our Free Forex Trend Analysis Report.