Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

US Dollar/Mexican Peso (FOREX:USDMXN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_USDMXN
Open High Low USDMXN Price Change
19.02535 19.13800 18.99990 19.13695 +0.11160
Entry Signal

MarketClub’s Trade Triangles for USDMXN

long term down The long term trend has been DOWN since Mar 20th, 2019 at 18.873375

intermediate term down The intermediate term trend has been DOWN since Mar 19th, 2019 at 19.027090

short term up The short term trend has been UP since Mar 22nd, 2019 at 19.079925

Smart Scan Analysis for USDMXN

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

-75
Smart Scan Analysis for USDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.02535 19.13800 18.99990 19.13695 +0.11160
Prev. Close Volume Bid Ask Time
19.02535 19.13320 19.14070 2019-03-26 22:23:08
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