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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

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_CHFMXN
Open High Low CHFMXN Price Change
19.30970 19.33855 19.27400 19.33680 +0.02710
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term up The long term trend has been UP since May 31st, 2019 at 19.54375

intermediate term down The intermediate term trend has been DOWN since Jul 8th, 2019 at 19.04235

short term up The short term trend has been UP since Jul 17th, 2019 at 19.34700

Smart Scan Analysis for CHFMXN

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

+55
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.30970 19.33855 19.27400 19.33680 +0.02710
Prev. Close Volume Bid Ask Time
19.30970 19.33310 19.34050 2019-07-19 08:32:58
Want to analyze Swiss Franc/Mexican Peso CHFMXN or another symbol? Try our Free Forex Trend Analysis Report.