Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Mexican Peso/Peruvian Nuevo Sol (FOREX:MXNPEN)
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.
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MarketClub’s Trade Triangles for MXNPEN
The long term trend has been DOWN since Jun 6th, 2019 at 0.16887
The intermediate term trend has been UP since Sep 17th, 2019 at 0.17248
The short term trend has been UP since Sep 18th, 2019 at 0.17254
Smart Scan Analysis for MXNPEN
Based on a pre-defined weighted trend formula for chart analysis, MXNPEN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.173085 | 0.173100 | 0.172470 | 0.172655 | -0.000430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.173085 | 0.172500 | 0.172810 | 2019-09-20 13:43:37 |