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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Mexican Peso/Australian Dollar (FOREX:MXNAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_MXNAUD
Open High Low MXNAUD Price Change
0.073266 0.073276 0.073266 0.073276 +0.000010
Entry Signal

MarketClub’s Trade Triangles for MXNAUD

long term down The long term trend has been DOWN since Nov 1st, 2018 at 0.069130

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2019 at 0.072035

short term up The short term trend has been UP since Feb 21st, 2019 at 0.073250

Smart Scan Analysis for MXNAUD

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

-55
Smart Scan Analysis for MXNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.073266 0.073276 0.073266 0.073276 +0.000010
Prev. Close Volume Bid Ask Time
0.073266 0.073219 0.073334 2019-02-23 18:37:19
Want to analyze Mexican Peso/Australian Dollar MXNAUD or another symbol? Try our Free Forex Trend Analysis Report.