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Forex Trend Analysis Report

Prepared for you on Sunday, March 24, 2019.

Mexican Peso/Russian Ruble (FOREX:MXNRUB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_MXNRUB
Open High Low MXNRUB Price Change
3.36845 3.38520 3.36845 3.37630 +0.00785
Entry Signal

MarketClub’s Trade Triangles for MXNRUB

long term up The long term trend has been UP since Jan 1st, 2019 at 3.56155

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2019 at 3.43895

short term down The short term trend has been DOWN since Mar 24th, 2019 at 3.37435

Smart Scan Analysis for MXNRUB

Based on a pre-defined weighted trend formula for chart analysis, MXNRUB scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MXNRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.36845 3.38520 3.36845 3.37630 +0.00785
Prev. Close Volume Bid Ask Time
3.36845 3.37550 3.37710 2019-03-24 19:13:19
Want to analyze Mexican Peso/Russian Ruble MXNRUB or another symbol? Try our Free Forex Trend Analysis Report.