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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Mexican Peso/South African Rand (FOREX:MXNZAR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_MXNZAR
Open High Low MXNZAR Price Change
0.757410 0.758180 0.755795 0.755825 -0.001585
Entry Signal

MarketClub’s Trade Triangles for MXNZAR

long term up The long term trend has been UP since Mar 13th, 2019 at 0.74717

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 0.72929

short term up The short term trend has been UP since Mar 13th, 2019 at 0.74363

Smart Scan Analysis for MXNZAR

Based on a pre-defined weighted trend formula for chart analysis, MXNZAR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MXNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.757410 0.758180 0.755795 0.755825 -0.001585
Prev. Close Volume Bid Ask Time
0.757410 0.755450 0.756200 2019-03-19 06:04:21
Want to analyze Mexican Peso/South African Rand MXNZAR or another symbol? Try our Free Forex Trend Analysis Report.