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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Mexican Peso/British Pound (FOREX:MXNGBP)

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_MXNGBP
Open High Low MXNGBP Price Change
0.040360 0.040401 0.039930 0.040090 -0.000270
Entry Signal

MarketClub’s Trade Triangles for MXNGBP

long term up The long term trend has been UP since Jan 15th, 2019 at 0.04142

intermediate term up The intermediate term trend has been UP since Mar 20th, 2019 at 0.04019

short term up The short term trend has been UP since Mar 12th, 2019 at 0.03962

Smart Scan Analysis for MXNGBP

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

+90
Smart Scan Analysis for MXNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.040360 0.040401 0.039930 0.040090 -0.000270
Prev. Close Volume Bid Ask Time
0.040360 0.040080 0.040100 2019-03-22 10:31:38
Want to analyze Mexican Peso/British Pound MXNGBP or another symbol? Try our Free Forex Trend Analysis Report.