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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

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
19.27970 19.28367 19.26480 19.26700 -0.01270
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 up The intermediate term trend has been UP since Dec 31st, 2019 at 19.58700

short term down The short term trend has been DOWN since Jan 17th, 2020 at 19.34745

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
19.27970 19.28367 19.26480 19.26700 -0.01270
Prev. Close Volume Bid Ask Time
19.27970 19.26320 19.27080 2020-01-20 01:17:54
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