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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Mexican Peso/Swiss Franc (FOREX:MXNCHF)

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_MXNCHF
Open High Low MXNCHF Price Change
0.052572 0.052695 0.052532 0.052580 +0.000008
Entry Signal

MarketClub’s Trade Triangles for MXNCHF

long term up The long term trend has been UP since Feb 10th, 2019 at 0.052755

intermediate term up The intermediate term trend has been UP since Mar 18th, 2019 at 0.052529

short term up The short term trend has been UP since Mar 11th, 2019 at 0.052065

Smart Scan Analysis for MXNCHF

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

+90
Smart Scan Analysis for MXNCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.052572 0.052695 0.052532 0.052580 +0.000008
Prev. Close Volume Bid Ask Time
0.052572 0.052570 0.052590 2019-03-20 09:10:43
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