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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

Mexican Peso/US Dollar (FOREX:MXNUSD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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
0.055925 0.055963 0.055910 0.055950 +0.000025
Entry Signal

MarketClub’s Trade Triangles for MXNUSD

long term up The long term trend has been UP since Mar 3rd, 2017 at 0.050960

intermediate term up The intermediate term trend has been UP since Aug 21st, 2017 at 0.056685

short term down The short term trend has been DOWN since Sep 19th, 2017 at 0.056235

Smart Scan Analysis for MXNUSD

Based on a pre-defined weighted trend formula for chart analysis, MXNUSD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for MXNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.055925 0.055963 0.055910 0.055950 +0.000025
Prev. Close Volume Bid Ask Time
0.055925 0.055940 0.055960 2017-09-22 04:11:27
Want to analyze Mexican Peso/US Dollar MXNUSD or another symbol? Try our Free Forex Trend Analysis Report.