Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2017.

US Dollar/Mexican Peso (FOREX:USDMXN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_USDMXN
Open High Low USDMXN Price Change
17.746100 17.752050 17.745205 17.750300 +0.004200
Entry Signal

MarketClub’s Trade Triangles for USDMXN

long term down The long term trend has been DOWN since Mar 3rd, 2017 at 19.62330

intermediate term down The intermediate term trend has been DOWN since Aug 21st, 2017 at 17.63591

short term up The short term trend has been UP since Sep 19th, 2017 at 17.78060

Smart Scan Analysis for USDMXN

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

-75
Smart Scan Analysis for USDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.746100 17.752050 17.745205 17.750300 +0.004200
Prev. Close Volume Bid Ask Time
17.746100 17.736300 17.764300 2017-09-24 15:31:59
Want to analyze US Dollar/Mexican Peso USDMXN or another symbol? Try our Free Forex Trend Analysis Report.