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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Mexican Peso/Canadian Dollar (FOREX:MXNCAD)

Strong Uptrend (+100) - MXNCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNCAD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNCAD
Open High Low MXNCAD Price Change
0.071429 0.071462 0.071167 0.071307 -0.000122
Entry Signal

MarketClub’s Trade Triangles for MXNCAD

long term up The long-term trend has been UP since Nov 4th, 2019 at 0.06904500

intermediate term up The intermediate-term trend has been UP since Jan 17th, 2020 at 0.06993297

short term up The short-term trend has been UP since Jan 28th, 2020 at 0.07008900

Smart Scan Analysis for MXNCAD

Based on our trend formula, MXNCAD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for MXNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.071429 0.071462 0.071167 0.071307 -0.000122
Prev. Close Volume Bid Ask Time
0.071429 0.071289 0.071325 2020-02-17 16:47:57
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