Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, February 18, 2018.

Mexican Peso/Russian Ruble (FOREX:MXNRUB)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_MXNRUB
Open High Low MXNRUB Price Change
3.04270 3.05350 3.03890 3.04385 +0.00115
Entry Signal

MarketClub’s Trade Triangles for MXNRUB

long term down The long term trend has been DOWN since Oct 4th, 2017 at 3.15580

intermediate term up The intermediate term trend has been UP since Jan 15th, 2018 at 2.97925

short term down The short term trend has been DOWN since Feb 14th, 2018 at 3.08605

Smart Scan Analysis for MXNRUB

Based on a pre-defined weighted trend formula for chart analysis, MXNRUB scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for MXNRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.04270 3.05350 3.03890 3.04385 +0.00115
Prev. Close Volume Bid Ask Time
3.04270 3.04140 3.04630 2018-02-16 18:31:27
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