Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2019.

Mexican Peso/Japanese Yen (FOREX:MXNJPY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

FOREX_MXNJPY
Open High Low MXNJPY Price Change
5.6624 5.6624 5.6624 5.6624 0.0000
Entry Signal

MarketClub’s Trade Triangles for MXNJPY

long term down The long term trend has been DOWN since May 30th, 2019 at 5.66090

intermediate term up The intermediate term trend has been UP since Jul 5th, 2019 at 5.70035

short term down The short term trend has been DOWN since Jul 16th, 2019 at 5.66640

Smart Scan Analysis for MXNJPY

Based on a pre-defined weighted trend formula for chart analysis, MXNJPY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for MXNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.6624 5.6624 5.6624 5.6624 0.0000
Prev. Close Volume Bid Ask Time
5.6624 5.6579 5.6669 2019-07-20 04:24:11
Want to analyze Mexican Peso/Japanese Yen MXNJPY or another symbol? Try our Free Forex Trend Analysis Report.