Forex Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
Mexican Peso/Polish New Zloty (FOREX:MXNPLN)
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.
MarketClub’s Trade Triangles for MXNPLN
The long term trend has been UP since Apr 3rd, 2018 at 0.188425
The intermediate term trend has been UP since May 1st, 2018 at 0.187845
The short term trend has been UP since May 16th, 2018 at 0.184770
Smart Scan Analysis for MXNPLN
Based on a pre-defined weighted trend formula for chart analysis, MXNPLN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).