Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
19.5009 19.5030 19.4396 19.4398 -0.0611
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 Sep 6th, 2019 at 19.83080

short term down The short term trend has been DOWN since Sep 17th, 2019 at 19.53540

Smart Scan Analysis for CHFMXN

Based on a pre-defined weighted trend formula for chart analysis, CHFMXN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.5009 19.5030 19.4396 19.4398 -0.0611
Prev. Close Volume Bid Ask Time
19.5009 19.4361 19.4435 2019-09-18 07:20:18
Want to analyze Swiss Franc/Mexican Peso CHFMXN or another symbol? Try our Free Forex Trend Analysis Report.