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Forex Trend Analysis Report

Prepared for you on Monday, June 25, 2018.

Mexican Peso/Swedish Krona (FOREX:MXNSEK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_MXNSEK
Open High Low MXNSEK Price Change
0.441085 0.444010 0.440780 0.444000 +0.002915
Entry Signal

MarketClub’s Trade Triangles for MXNSEK

long term down The long term trend has been DOWN since Jun 5th, 2018 at 0.43394

intermediate term up The intermediate term trend has been UP since Jun 25th, 2018 at 0.44305

short term up The short term trend has been UP since Jun 15th, 2018 at 0.42350

Smart Scan Analysis for MXNSEK

Based on a pre-defined weighted trend formula for chart analysis, MXNSEK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for MXNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.441085 0.444010 0.440780 0.444000 +0.002915
Prev. Close Volume Bid Ask Time
0.441085 0.443840 0.444160 2018-06-25 04:18:26
Want to analyze Mexican Peso/Swedish Krona MXNSEK or another symbol? Try our Free Forex Trend Analysis Report.