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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Polish New Zloty/Mexican Peso (FOREX:PLNMXN)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_PLNMXN
Open High Low PLNMXN Price Change
5.35720 5.36730 5.31070 5.33555 -0.02165
Entry Signal

MarketClub’s Trade Triangles for PLNMXN

long term up The long term trend has been UP since Nov 1st, 2018 at 5.33055

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2018 at 5.18250

short term up The short term trend has been UP since Nov 7th, 2018 at 5.31280

Smart Scan Analysis for PLNMXN

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

+100
Smart Scan Analysis for PLNMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.35720 5.36730 5.31070 5.33555 -0.02165
Prev. Close Volume Bid Ask Time
5.35720 5.32900 5.34210 2018-11-16 17:48:32
Want to analyze Polish New Zloty/Mexican Peso PLNMXN or another symbol? Try our Free Forex Trend Analysis Report.