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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Mexican Peso/Australian Dollar (FOREX:MXNAUD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.08024250 0.08025451 0.08015742 0.08017000 -0.00007200
Entry Signal

MarketClub’s Trade Triangles for MXNAUD

long term up The long term trend has been UP since Jul 31st, 2019 at 0.0766900

intermediate term up The intermediate term trend has been UP since Jan 8th, 2020 at 0.0772535

short term up The short term trend has been UP since Jan 27th, 2020 at 0.0780385

Smart Scan Analysis for MXNAUD

Based on a pre-defined weighted trend formula for chart analysis, MXNAUD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MXNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08024250 0.08025451 0.08015742 0.08017000 -0.00007200
Prev. Close Volume Bid Ask Time
0.08024250 0.08015500 0.08018500 2020-02-17 02:43:43
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