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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

New Zealand Dollar/Mexican Peso (FOREX:NZDMXN)

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.

Open High Low NZDMXN Price Change
13.1536 13.1549 13.1385 13.1469 -0.0067
Entry Signal

MarketClub’s Trade Triangles for NZDMXN

long term up The long term trend has been UP since Nov 1st, 2018 at 13.34150

intermediate term up The intermediate term trend has been UP since Jan 30th, 2019 at 13.15915

short term down The short term trend has been DOWN since Feb 19th, 2019 at 13.12640

Smart Scan Analysis for NZDMXN

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

Smart Scan Analysis for NZDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.1536 13.1549 13.1385 13.1469 -0.0067
Prev. Close Volume Bid Ask Time
13.1536 13.1424 13.1514 2019-02-20 02:56:16
Want to analyze New Zealand Dollar/Mexican Peso NZDMXN or another symbol? Try our Free Forex Trend Analysis Report.