Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Mexican Peso/Singapore Dollar (FOREX:MXNSGD)

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_MXNSGD
Open High Low MXNSGD Price Change
0.067888 0.068360 0.067517 0.068128 +0.000240
Entry Signal

MarketClub’s Trade Triangles for MXNSGD

long term down The long term trend has been DOWN since Oct 31st, 2018 at 0.06790

intermediate term down The intermediate term trend has been DOWN since Oct 19th, 2018 at 0.07169

short term up The short term trend has been UP since Nov 16th, 2018 at 0.06821

Smart Scan Analysis for MXNSGD

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

-75
Smart Scan Analysis for MXNSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.067888 0.068360 0.067517 0.068128 +0.000240
Prev. Close Volume Bid Ask Time
0.067888 0.068121 0.068135 2018-11-16 21:08:11
Want to analyze Mexican Peso/Singapore Dollar MXNSGD or another symbol? Try our Free Forex Trend Analysis Report.