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Forex Trend Analysis Report

Prepared for you on Tuesday, November 21, 2017.

Mexican Peso/US Dollar (FOREX:MXNUSD)

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_MXNUSD
Open High Low MXNUSD Price Change
0.052654 0.052776 0.052510 0.052765 +0.000111
Entry Signal

MarketClub’s Trade Triangles for MXNUSD

long term down The long term trend has been DOWN since Oct 5th, 2017 at 0.054350

intermediate term up The intermediate term trend has been UP since Nov 17th, 2017 at 0.052872

short term up The short term trend has been UP since Nov 16th, 2017 at 0.052494

Smart Scan Analysis for MXNUSD

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

+70
Smart Scan Analysis for MXNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.052654 0.052776 0.052510 0.052765 +0.000111
Prev. Close Volume Bid Ask Time
0.052654 0.052740 0.052790 2017-11-21 10:37:38
Want to analyze Mexican Peso/US Dollar MXNUSD or another symbol? Try our Free Forex Trend Analysis Report.