Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
Mexican Peso/Canadian Dollar (FOREX:MXNCAD)
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.
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MarketClub’s Trade Triangles for MXNCAD
The long term trend has been UP since Nov 4th, 2019 at 0.06904500
The intermediate term trend has been UP since Jan 17th, 2020 at 0.06993297
The short term trend has been UP since Jan 14th, 2020 at 0.06957500
Smart Scan Analysis for MXNCAD
Based on a pre-defined weighted trend formula for chart analysis, MXNCAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06996281 | 0.06996281 | 0.06996281 | 0.06996281 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06996281 | 0.06995181 | 0.06997381 | 2020-01-25 11:49:45 |