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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Mexican Peso/Colombian Peso (FOREX:MXNCOP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_MXNCOP
Open High Low MXNCOP Price Change
162.79 162.79 162.79 162.79 0.00
Entry Signal

MarketClub’s Trade Triangles for MXNCOP

long term up The long term trend has been UP since Dec 23rd, 2018 at 162.925

intermediate term up The intermediate term trend has been UP since Mar 12th, 2019 at 163.295

short term up The short term trend has been UP since Mar 10th, 2019 at 160.570

Smart Scan Analysis for MXNCOP

Based on a pre-defined weighted trend formula for chart analysis, MXNCOP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for MXNCOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
162.79 162.79 162.79 162.79 0.00
Prev. Close Volume Bid Ask Time
163.40 160.50 165.08 2019-03-14 22:16:33
Want to analyze Mexican Peso/Colombian Peso MXNCOP or another symbol? Try our Free Forex Trend Analysis Report.