Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

British Pound/Mexican Peso (FOREX:GBPMXN)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_GBPMXN
Open High Low GBPMXN Price Change
24.256 24.256 24.256 24.256 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPMXN

long term down The long term trend has been DOWN since Jan 15th, 2019 at 24.14425

intermediate term up The intermediate term trend has been UP since Aug 5th, 2019 at 23.95545

short term up The short term trend has been UP since Sep 19th, 2019 at 24.30150

Smart Scan Analysis for GBPMXN

Based on a pre-defined weighted trend formula for chart analysis, GBPMXN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for GBPMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.256 24.256 24.256 24.256 0.000
Prev. Close Volume Bid Ask Time
24.256 24.237 24.275 2019-09-21 11:23:35
Want to analyze British Pound/Mexican Peso GBPMXN or another symbol? Try our Free Forex Trend Analysis Report.