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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Mexican Peso/Euro (FOREX:MXNEUR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_MXNEUR
Open High Low MXNEUR Price Change
0.04818900 0.04819999 0.04801200 0.04805100 -0.00013800
Entry Signal

MarketClub’s Trade Triangles for MXNEUR

long term up The long term trend has been UP since Nov 8th, 2019 at 0.04744000

intermediate term up The intermediate term trend has been UP since Dec 12th, 2019 at 0.04718623

short term up The short term trend has been UP since Jan 17th, 2020 at 0.04791050

Smart Scan Analysis for MXNEUR

Based on a pre-defined weighted trend formula for chart analysis, MXNEUR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MXNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04818900 0.04819999 0.04801200 0.04805100 -0.00013800
Prev. Close Volume Bid Ask Time
0.04818900 0.04804300 0.04805900 2020-01-21 08:55:51
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