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.
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MarketClub’s Trade Triangles for USDMXN
The long term trend has been DOWN since Mar 20th, 2019 at 18.873375
The intermediate term trend has been DOWN since Mar 19th, 2019 at 19.027090
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).
| 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 |