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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Mexican Peso/British Pound (FOREX:MXNGBP)

Strong Uptrend (+100) - MXNGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNGBP 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 MXNGBP.

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

FOREX_MXNGBP
Open High Low MXNGBP Price Change
0.04137000 0.04146403 0.04129200 0.04144600 +0.00007600
Entry Signal

MarketClub’s Trade Triangles for MXNGBP

long term up The long-term trend has been UP since Feb 5th, 2020 at 0.041321

intermediate term up The intermediate-term trend has been UP since Feb 5th, 2020 at 0.041321

short term up The short-term trend has been UP since Feb 17th, 2020 at 0.041411

Smart Scan Analysis for MXNGBP

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

+100
Smart Scan Analysis for MXNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04137000 0.04146403 0.04129200 0.04144600 +0.00007600
Prev. Close Volume Bid Ask Time
0.04137000 0.04143700 0.04145500 2020-02-17 16:16:58
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