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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

Mexican Peso/Turkish Lira (FOREX:MXNTRY)

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_MXNTRY
Open High Low MXNTRY Price Change
0.202965 0.203265 0.202285 0.202550 -0.000415
Entry Signal

MarketClub’s Trade Triangles for MXNTRY

long term up The long term trend has been UP since Nov 8th, 2017 at 0.203810

intermediate term up The intermediate term trend has been UP since Jan 14th, 2018 at 0.198195

short term up The short term trend has been UP since Feb 20th, 2018 at 0.203920

Smart Scan Analysis for MXNTRY

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

+70
Smart Scan Analysis for MXNTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.202965 0.203265 0.202285 0.202550 -0.000415
Prev. Close Volume Bid Ask Time
0.202965 0.202490 0.202610 2018-02-21 04:25:40
Want to analyze Mexican Peso/Turkish Lira MXNTRY or another symbol? Try our Free Forex Trend Analysis Report.