Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

Mexican Peso/New Zealand Dollar (FOREX:MXNNZD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
0.075690 0.075705 0.075135 0.075325 -0.000365
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 down The intermediate term trend has been DOWN since Sep 19th, 2017 at 0.076580

short term up The short term trend has been UP since Oct 17th, 2017 at 0.074205

Smart Scan Analysis for MXNNZD

Based on a pre-defined weighted trend formula for chart analysis, MXNNZD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for MXNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.075690 0.075705 0.075135 0.075325 -0.000365
Prev. Close Volume Bid Ask Time
0.075690 0.075300 0.075350 2017-10-23 15:05:28
Want to analyze Mexican Peso/New Zealand Dollar MXNNZD or another symbol? Try our Free Forex Trend Analysis Report.