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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

Mexican Peso/Turkish Lira (FOREX:MXNTRY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.232785 0.233210 0.232285 0.232465 -0.000320
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 May 14th, 2018 at 0.224365

short term up The short term trend has been UP since May 11th, 2018 at 0.222405

Smart Scan Analysis for MXNTRY

Based on a pre-defined weighted trend formula for chart analysis, MXNTRY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MXNTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.232785 0.233210 0.232285 0.232465 -0.000320
Prev. Close Volume Bid Ask Time
0.232785 0.232270 0.232660 2018-05-24 02:03:54
Want to analyze Mexican Peso/Turkish Lira MXNTRY or another symbol? Try our Free Forex Trend Analysis Report.