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Forex Trend Analysis Report

Prepared for you on Sunday, March 24, 2019.

Mexican Peso/Singapore Dollar (FOREX:MXNSGD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_MXNSGD
Open High Low MXNSGD Price Change
0.070844 0.070844 0.070844 0.070844 0.000000
Entry Signal

MarketClub’s Trade Triangles for MXNSGD

long term up The long term trend has been UP since Mar 20th, 2019 at 0.071810

intermediate term up The intermediate term trend has been UP since Mar 18th, 2019 at 0.070910

short term down The short term trend has been DOWN since Mar 22nd, 2019 at 0.070816

Smart Scan Analysis for MXNSGD

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

+75
Smart Scan Analysis for MXNSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.070844 0.070844 0.070844 0.070844 0.000000
Prev. Close Volume Bid Ask Time
0.070844 0.070788 0.070899 2019-03-24 04:45:34
Want to analyze Mexican Peso/Singapore Dollar MXNSGD or another symbol? Try our Free Forex Trend Analysis Report.