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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

Mexican Peso/Polish New Zloty (FOREX:MXNPLN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_MXNPLN
Open High Low MXNPLN Price Change
0.180135 0.180950 0.179510 0.179880 -0.000255
Entry Signal

MarketClub’s Trade Triangles for MXNPLN

long term down The long term trend has been DOWN since Oct 9th, 2017 at 0.197250

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2018 at 0.178520

short term up The short term trend has been UP since Feb 19th, 2018 at 0.181275

Smart Scan Analysis for MXNPLN

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

-75
Smart Scan Analysis for MXNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.180135 0.180950 0.179510 0.179880 -0.000255
Prev. Close Volume Bid Ask Time
0.180135 0.179770 0.179990 2018-02-20 18:13:47
Want to analyze Mexican Peso/Polish New Zloty MXNPLN or another symbol? Try our Free Forex Trend Analysis Report.