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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Mexican Peso/Russian Ruble (FOREX:MXNRUB)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_MXNRUB
Open High Low MXNRUB Price Change
3.50950 3.51880 3.50200 3.50965 +0.00015
Entry Signal

MarketClub’s Trade Triangles for MXNRUB

long term up The long term trend has been UP since Jan 1st, 2019 at 3.56155

intermediate term up The intermediate term trend has been UP since Dec 18th, 2018 at 3.33195

short term up The short term trend has been UP since Jan 11th, 2019 at 3.50540

Smart Scan Analysis for MXNRUB

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

+90
Smart Scan Analysis for MXNRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.50950 3.51880 3.50200 3.50965 +0.00015
Prev. Close Volume Bid Ask Time
3.50950 3.50880 3.51050 2019-01-17 09:41:02
Want to analyze Mexican Peso/Russian Ruble MXNRUB or another symbol? Try our Free Forex Trend Analysis Report.