Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Australian Dollar/Mexican Peso (FOREX:AUDMXN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_AUDMXN
Open High Low AUDMXN Price Change
12.825484 12.825484 12.825484 12.825484 0.000000
Entry Signal

MarketClub’s Trade Triangles for AUDMXN

long term down The long term trend has been DOWN since Jul 31st, 2019 at 13.03995

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2020 at 12.94470

short term up The short term trend has been UP since Jan 23rd, 2020 at 12.87495

Smart Scan Analysis for AUDMXN

Based on a pre-defined weighted trend formula for chart analysis, AUDMXN scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for AUDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.825484 12.825484 12.825484 12.825484 0.000000
Prev. Close Volume Bid Ask Time
12.825484 12.823467 12.827500 2020-01-25 11:50:45
Get a free daily report for Australian Dollar/Mexican Peso (AUDMXN) - Free Trend Analysis Report.