Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2019.

Mexican Peso/Canadian Dollar (FOREX:MXNCAD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_MXNCAD
Open High Low MXNCAD Price Change
0.068685 0.068810 0.068425 0.068506 -0.000179
Entry Signal

MarketClub’s Trade Triangles for MXNCAD

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 0.068060

intermediate term down The intermediate term trend has been DOWN since May 9th, 2019 at 0.070310

short term down The short term trend has been DOWN since Jun 19th, 2019 at 0.069775

Smart Scan Analysis for MXNCAD

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

-100
Smart Scan Analysis for MXNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.068685 0.068810 0.068425 0.068506 -0.000179
Prev. Close Volume Bid Ask Time
0.068685 0.068453 0.068560 2019-06-25 22:42:10
Want to analyze Mexican Peso/Canadian Dollar MXNCAD or another symbol? Try our Free Forex Trend Analysis Report.