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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Mexican Peso/Polish New Zloty (FOREX:MXNPLN)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_MXNPLN
Open High Low MXNPLN Price Change
0.186335 0.187860 0.185560 0.187595 +0.001260
Entry Signal

MarketClub’s Trade Triangles for MXNPLN

long term down The long term trend has been DOWN since Nov 8th, 2018 at 0.187365

intermediate term up The intermediate term trend has been UP since Dec 12th, 2018 at 0.188625

short term down The short term trend has been DOWN since Dec 14th, 2018 at 0.185585

Smart Scan Analysis for MXNPLN

Based on a pre-defined weighted trend formula for chart analysis, MXNPLN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for MXNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.186335 0.187860 0.185560 0.187595 +0.001260
Prev. Close Volume Bid Ask Time
0.186335 0.187390 0.187800 2018-12-14 18:06:17
Want to analyze Mexican Peso/Polish New Zloty MXNPLN or another symbol? Try our Free Forex Trend Analysis Report.