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Forex Trend Analysis Report

Prepared for you on Saturday, September 22, 2018.

Mexican Peso/New Zealand Dollar (FOREX:MXNNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_MXNNZD
Open High Low MXNNZD Price Change
0.079320 0.079705 0.079005 0.079495 +0.000175
Entry Signal

MarketClub’s Trade Triangles for MXNNZD

long term up The long term trend has been UP since Jul 4th, 2018 at 0.07621

intermediate term up The intermediate term trend has been UP since Sep 12th, 2018 at 0.08021

short term down The short term trend has been DOWN since Sep 18th, 2018 at 0.08045

Smart Scan Analysis for MXNNZD

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

+55
Smart Scan Analysis for MXNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.079320 0.079705 0.079005 0.079495 +0.000175
Prev. Close Volume Bid Ask Time
0.079320 0.079400 0.079590 2018-09-21 18:25:47
Want to analyze Mexican Peso/New Zealand Dollar MXNNZD or another symbol? Try our Free Forex Trend Analysis Report.