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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.

FOREX_CADMXN
Open High Low CADMXN Price Change
14.2056 14.2923 14.1815 14.2745 +0.0689
Entry Signal

MarketClub’s Trade Triangles for CADMXN

long term down The long term trend has been DOWN since Dec 25th, 2018 at 14.37585

intermediate term down The intermediate term trend has been DOWN since Mar 15th, 2019 at 14.38090

short term down 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).

-90
Smart Scan Analysis for CADMXN
Strong Downtrend Sideways 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
Want to analyze Canadian Dollar/Mexican Peso CADMXN or another symbol? Try our Free Forex Trend Analysis Report.