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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Mexican Peso/New Zealand Dollar (FOREX:MXNNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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 MXNNZD Price Change
0.079270 0.079680 0.079045 0.079150 -0.000120
Entry Signal

MarketClub’s Trade Triangles for MXNNZD

long term up The long term trend has been UP since Apr 10th, 2019 at 0.078545

intermediate term down The intermediate term trend has been DOWN since May 30th, 2019 at 0.078685

short term up The short term trend has been UP since Aug 13th, 2019 at 0.079895

Smart Scan Analysis for MXNNZD

Based on a pre-defined weighted trend formula for chart analysis, MXNNZD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MXNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.079270 0.079680 0.079045 0.079150 -0.000120
Prev. Close Volume Bid Ask Time
0.079270 0.079110 0.079190 2019-08-16 18:19:02
Want to analyze Mexican Peso/New Zealand Dollar MXNNZD or another symbol? Try our Free Forex Trend Analysis Report.