Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Mexican Peso/New Zealand Dollar (FOREX:MXNNZD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_MXNNZD
Open High Low MXNNZD Price Change
0.080960 0.081017 0.080721 0.080794 -0.000166
Entry Signal

MarketClub’s Trade Triangles for MXNNZD

long term down The long term trend has been DOWN since Dec 2nd, 2019 at 0.0786450

intermediate term up The intermediate term trend has been UP since Jan 9th, 2020 at 0.0805545

short term up The short term trend has been UP since Jan 2nd, 2020 at 0.0792810

Smart Scan Analysis for MXNNZD

Based on a pre-defined weighted trend formula for chart analysis, MXNNZD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MXNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.080960 0.081017 0.080721 0.080794 -0.000166
Prev. Close Volume Bid Ask Time
0.080960 0.080772 0.080816 2020-01-21 08:54:45
Get a free daily report for Mexican Peso/New Zealand Dollar (MXNNZD) - Free Trend Analysis Report.