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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

Mexican Peso/Singapore Dollar (FOREX:MXNSGD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

FOREX_MXNSGD
Open High Low MXNSGD Price Change
0.071095 0.071161 0.070783 0.070941 -0.000154
Entry Signal

MarketClub’s Trade Triangles for MXNSGD

long term down The long term trend has been DOWN since Oct 31st, 2018 at 0.067900

intermediate term up The intermediate term trend has been UP since Dec 12th, 2018 at 0.068305

short term down The short term trend has been DOWN since Jan 18th, 2019 at 0.071000

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).

+55
Smart Scan Analysis for MXNSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.071095 0.071161 0.070783 0.070941 -0.000154
Prev. Close Volume Bid Ask Time
0.071095 0.070885 0.070996 2019-01-21 16:36:04
Want to analyze Mexican Peso/Singapore Dollar MXNSGD or another symbol? Try our Free Forex Trend Analysis Report.