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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Canadian Dollar/Mexican Peso (FOREX:CADMXN)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_CADMXN
Open High Low CADMXN Price Change
14.80900 14.82160 14.78225 14.80805 -0.00095
Entry Signal

MarketClub’s Trade Triangles for CADMXN

long term up The long term trend has been UP since Jun 3rd, 2019 at 14.6969

intermediate term up The intermediate term trend has been UP since May 9th, 2019 at 14.2232

short term up The short term trend has been UP since Aug 12th, 2019 at 14.7770

Smart Scan Analysis for CADMXN

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

+100
Smart Scan Analysis for CADMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.80900 14.82160 14.78225 14.80805 -0.00095
Prev. Close Volume Bid Ask Time
14.80900 14.80520 14.81090 2019-08-18 21:36:07
Want to analyze Canadian Dollar/Mexican Peso CADMXN or another symbol? Try our Free Forex Trend Analysis Report.