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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

Mexican Peso/Australian Dollar (FOREX:MXNAUD)

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_MXNAUD
Open High Low MXNAUD Price Change
0.07656138 0.07656138 0.07647298 0.07647298 -0.00008800
Entry Signal

MarketClub’s Trade Triangles for MXNAUD

long term up The long term trend has been UP since Jul 31st, 2019 at 0.076690

intermediate term down The intermediate term trend has been DOWN since Oct 31st, 2019 at 0.075575

short term up The short term trend has been UP since Nov 15th, 2019 at 0.076537

Smart Scan Analysis for MXNAUD

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

+65
Smart Scan Analysis for MXNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07656138 0.07656138 0.07647298 0.07647298 -0.00008800
Prev. Close Volume Bid Ask Time
0.07656138 0.07641316 0.07653280 2019-11-16 17:19:22
Want to analyze Mexican Peso/Australian Dollar MXNAUD or another symbol? Try our Free Forex Trend Analysis Report.