Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

Mexican Peso/British Pound (FOREX:MXNGBP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_MXNGBP
Open High Low MXNGBP Price Change
0.041316 0.041490 0.041315 0.041465 +0.000149
Entry Signal

MarketClub’s Trade Triangles for MXNGBP

long term up The long term trend has been UP since Jan 15th, 2019 at 0.041420

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2019 at 0.041745

short term down The short term trend has been DOWN since Sep 13th, 2019 at 0.041285

Smart Scan Analysis for MXNGBP

Based on a pre-defined weighted trend formula for chart analysis, MXNGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MXNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.041316 0.041490 0.041315 0.041465 +0.000149
Prev. Close Volume Bid Ask Time
0.041316 0.041460 0.041470 2019-09-18 07:51:37
Want to analyze Mexican Peso/British Pound MXNGBP or another symbol? Try our Free Forex Trend Analysis Report.