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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Mexican Peso/Singapore Dollar (FOREX:MXNSGD)

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_MXNSGD
Open High Low MXNSGD Price Change
0.07192401 0.07192401 0.07192401 0.07192401 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MXNSGD

long term up The long term trend has been UP since Dec 17th, 2019 at 0.07163500

intermediate term up The intermediate term trend has been UP since Dec 12th, 2019 at 0.07099804

short term down The short term trend has been DOWN since Jan 23rd, 2020 at 0.07182290

Smart Scan Analysis for MXNSGD

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

+75
Smart Scan Analysis for MXNSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07192401 0.07192401 0.07192401 0.07192401 0.00000000
Prev. Close Volume Bid Ask Time
0.07192401 0.07191270 0.07193532 2020-01-25 09:45:16
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