Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

New Zealand Dollar/Mexican Peso (FOREX:NZDMXN)

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_NZDMXN
Open High Low NZDMXN Price Change
13.95240 14.04220 13.92950 13.97235 +0.01995
Entry Signal

MarketClub’s Trade Triangles for NZDMXN

long term up The long term trend has been UP since Nov 1st, 2018 at 13.3415

intermediate term up The intermediate term trend has been UP since Oct 19th, 2018 at 12.6857

short term down The short term trend has been DOWN since Dec 7th, 2018 at 13.9689

Smart Scan Analysis for NZDMXN

Based on a pre-defined weighted trend formula for chart analysis, NZDMXN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for NZDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.95240 14.04220 13.92950 13.97235 +0.01995
Prev. Close Volume Bid Ask Time
13.95240 13.96830 13.97640 2018-12-10 15:31:11
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