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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Mexican Peso/Chilean Peso (FOREX:MXNCLP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

Open High Low MXNCLP Price Change
33.9895 33.9895 33.8130 33.8130 -0.1765
Entry Signal

MarketClub’s Trade Triangles for MXNCLP

long term up The long term trend has been UP since Jan 2nd, 2019 at 35.7780

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2019 at 34.8995

short term down The short term trend has been DOWN since Feb 19th, 2019 at 34.3895

Smart Scan Analysis for MXNCLP

Based on a pre-defined weighted trend formula for chart analysis, MXNCLP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MXNCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.9895 33.9895 33.8130 33.8130 -0.1765
Prev. Close Volume Bid Ask Time
33.9895 33.1720 34.4540 2019-02-23 07:39:30
Want to analyze Mexican Peso/Chilean Peso MXNCLP or another symbol? Try our Free Forex Trend Analysis Report.