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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

Mexican Peso/Singapore Dollar (FOREX:MXNSGD)

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_MXNSGD
Open High Low MXNSGD Price Change
0.072165 0.072635 0.072090 0.072495 +0.000330
Entry Signal

MarketClub’s Trade Triangles for MXNSGD

long term down The long term trend has been DOWN since Oct 2nd, 2017 at 0.07433

intermediate term up The intermediate term trend has been UP since Nov 21st, 2017 at 0.07188

short term up The short term trend has been UP since Nov 17th, 2017 at 0.07147

Smart Scan Analysis for MXNSGD

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

+70
Smart Scan Analysis for MXNSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.072165 0.072635 0.072090 0.072495 +0.000330
Prev. Close Volume Bid Ask Time
0.072165 0.072420 0.072570 2017-11-24 21:10:59
Want to analyze Mexican Peso/Singapore Dollar MXNSGD or another symbol? Try our Free Forex Trend Analysis Report.