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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Mexican Peso/Swedish Krona (FOREX:MXNSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

Open High Low MXNSEK Price Change
0.474135 0.474215 0.472505 0.472910 -0.001225
Entry Signal

MarketClub’s Trade Triangles for MXNSEK

long term up The long term trend has been UP since Jul 26th, 2018 at 0.472755

intermediate term down The intermediate term trend has been DOWN since Sep 3rd, 2018 at 0.472770

short term up The short term trend has been UP since Sep 7th, 2018 at 0.475310

Smart Scan Analysis for MXNSEK

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

Smart Scan Analysis for MXNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.474135 0.474215 0.472505 0.472910 -0.001225
Prev. Close Volume Bid Ask Time
0.474135 0.472740 0.473080 2018-09-19 05:13:37
Want to analyze Mexican Peso/Swedish Krona MXNSEK or another symbol? Try our Free Forex Trend Analysis Report.