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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Mexican Peso/Argentine Peso (FOREX:MXNARS)

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_MXNARS
Open High Low MXNARS Price Change
3.1934408 3.1934408 3.1934408 3.1934408 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MXNARS

long term up The long term trend has been UP since Aug 12th, 2019 at 2.3855000

intermediate term up The intermediate term trend has been UP since Dec 8th, 2019 at 3.1083625

short term down The short term trend has been DOWN since Jan 23rd, 2020 at 3.1975131

Smart Scan Analysis for MXNARS

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

+75
Smart Scan Analysis for MXNARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1934408 3.1934408 3.1934408 3.1934408 0.0000000
Prev. Close Volume Bid Ask Time
3.1934408 3.1932236 3.1936580 2020-01-25 08:42:45
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