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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Mexican Peso/Singapore Dollar (FOREX:MXNSGD)

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 MXNSGD Price Change
0.072465 0.072555 0.072442 0.072461 -0.000004
Entry Signal

MarketClub’s Trade Triangles for MXNSGD

long term up The long term trend has been UP since Jul 26th, 2018 at 0.073040

intermediate term down The intermediate term trend has been DOWN since Aug 12th, 2018 at 0.071265

short term up The short term trend has been UP since Aug 15th, 2018 at 0.073035

Smart Scan Analysis for MXNSGD

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

Smart Scan Analysis for MXNSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.072465 0.072555 0.072442 0.072461 -0.000004
Prev. Close Volume Bid Ask Time
0.072465 0.072404 0.072519 2018-08-20 04:30:50
Want to analyze Mexican Peso/Singapore Dollar MXNSGD or another symbol? Try our Free Forex Trend Analysis Report.