Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Canadian Dollar/Mexican Peso (FOREX:CADMXN)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.
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MarketClub’s Trade Triangles for CADMXN
The long term trend has been DOWN since Dec 25th, 2018 at 14.37585
The intermediate term trend has been DOWN since Mar 15th, 2019 at 14.38090
The short term trend has been DOWN since Mar 12th, 2019 at 14.45210
Smart Scan Analysis for CADMXN
Based on a pre-defined weighted trend formula for chart analysis, CADMXN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.2056 | 14.2923 | 14.1815 | 14.2745 | +0.0689 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.2056 | 14.2708 | 14.2782 | 2019-03-26 16:21:48 |