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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Mexican Peso/United Arab Emirates Dirham (FOREX:MXNAED)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_MXNAED
Open High Low MXNAED Price Change
0.192905 0.192905 0.192905 0.192905 0.000000
Entry Signal

MarketClub’s Trade Triangles for MXNAED

long term up The long term trend has been UP since Mar 20th, 2019 at 0.194550

intermediate term down The intermediate term trend has been DOWN since May 9th, 2019 at 0.191375

short term up The short term trend has been UP since May 16th, 2019 at 0.193190

Smart Scan Analysis for MXNAED

Based on a pre-defined weighted trend formula for chart analysis, MXNAED scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for MXNAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.192905 0.192905 0.192905 0.192905 0.000000
Prev. Close Volume Bid Ask Time
0.192905 0.192750 0.193060 2019-05-25 14:55:46
Want to analyze Mexican Peso/United Arab Emirates Dirham MXNAED or another symbol? Try our Free Forex Trend Analysis Report.