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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Mexican Peso/Polish New Zloty (FOREX:MXNPLN)

Bull Market Weakness (+75) - MXNPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNPLN as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MXNPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNPLN
Open High Low MXNPLN Price Change
0.235985 0.236355 0.235985 0.236285 +0.000300
Entry Signal

MarketClub’s Trade Triangles for MXNPLN

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 0.233015

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2024 at 0.236360

short term up The short-term trend has been UP since Mar 13th, 2024 at 0.234155

Smart Scan Analysis for MXNPLN

Based on our trend formula, MXNPLN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MXNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.235985 0.236355 0.235985 0.236285 +0.000300
Prev. Close Volume Bid Ask Time
0.235985 2024-03-19 00:35:22
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