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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2019.

/Mexican Peso (FOREX:MXVMXN)

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_MXVMXN
Open High Low MXVMXN Price Change
6.273633 6.273633 6.273633 6.273633 0.000000
Entry Signal

MarketClub’s Trade Triangles for MXVMXN

long term up The long term trend has been UP since Jul 9th, 2018 at 6.016478

intermediate term up The intermediate term trend has been UP since Mar 25th, 2019 at 6.251186

short term up The short term trend has been UP since Mar 18th, 2019 at 6.248906

Smart Scan Analysis for MXVMXN

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

+70
Smart Scan Analysis for MXVMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.273633 6.273633 6.273633 6.273633 0.000000
Prev. Close Volume Bid Ask Time
6.275113 6.273633 2019-04-16 03:36:43
Want to analyze /Mexican Peso MXVMXN or another symbol? Try our Free Forex Trend Analysis Report.