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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Euro/Mexican Peso (FOREX:EURMXN)

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_EURMXN
Open High Low EURMXN Price Change
21.37370 21.38250 21.31175 21.34375 -0.02995
Entry Signal

MarketClub’s Trade Triangles for EURMXN

long term up The long term trend has been UP since May 31st, 2019 at 22.00215

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2019 at 21.32455

short term up The short term trend has been UP since Jul 17th, 2019 at 21.42650

Smart Scan Analysis for EURMXN

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

+55
Smart Scan Analysis for EURMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.37370 21.38250 21.31175 21.34375 -0.02995
Prev. Close Volume Bid Ask Time
21.37370 21.34010 21.34740 2019-07-19 17:36:03
Want to analyze Euro/Mexican Peso EURMXN or another symbol? Try our Free Forex Trend Analysis Report.