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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Polish New Zloty/Mexican Peso (FOREX:PLNMXN)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

Open High Low PLNMXN Price Change
5.5147 5.5188 5.4997 5.5073 -0.0074
Entry Signal

MarketClub’s Trade Triangles for PLNMXN

long term up The long term trend has been UP since Oct 9th, 2017 at 5.07000

intermediate term up The intermediate term trend has been UP since Nov 15th, 2017 at 5.35805

short term down The short term trend has been DOWN since Jan 16th, 2018 at 5.51710

Smart Scan Analysis for PLNMXN

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

Smart Scan Analysis for PLNMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.5147 5.5188 5.4997 5.5073 -0.0074
Prev. Close Volume Bid Ask Time
5.5147 5.5062 5.5084 2018-01-17 06:04:55
Want to analyze Polish New Zloty/Mexican Peso PLNMXN or another symbol? Try our Free Forex Trend Analysis Report.