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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Australian Dollar/Mexican Peso (FOREX:AUDMXN)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
13.68685 13.71365 13.63585 13.64900 -0.03785
Entry Signal

MarketClub’s Trade Triangles for AUDMXN

long term up The long term trend has been UP since Nov 1st, 2018 at 14.47595

intermediate term up The intermediate term trend has been UP since Jan 30th, 2019 at 13.88245

short term down The short term trend has been DOWN since Feb 21st, 2019 at 13.65325

Smart Scan Analysis for AUDMXN

Based on a pre-defined weighted trend formula for chart analysis, AUDMXN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for AUDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.68685 13.71365 13.63585 13.64900 -0.03785
Prev. Close Volume Bid Ask Time
13.68685 13.63800 13.66000 2019-02-22 22:25:12
Want to analyze Australian Dollar/Mexican Peso AUDMXN or another symbol? Try our Free Forex Trend Analysis Report.