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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

Polish New Zloty/Mexican Peso (FOREX:PLNMXN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low PLNMXN Price Change
5.1233 5.1319 5.0927 5.1202 -0.0031
Entry Signal

MarketClub’s Trade Triangles for PLNMXN

long term down The long term trend has been DOWN since Jun 28th, 2018 at 5.25910

intermediate term up The intermediate term trend has been UP since Aug 22nd, 2018 at 5.12155

short term down The short term trend has been DOWN since Sep 12th, 2018 at 5.16285

Smart Scan Analysis for PLNMXN

Based on a pre-defined weighted trend formula for chart analysis, PLNMXN scored -65 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
5.1233 5.1319 5.0927 5.1202 -0.0031
Prev. Close Volume Bid Ask Time
5.1233 5.1161 5.1243 2018-09-18 21:42:55
Want to analyze Polish New Zloty/Mexican Peso PLNMXN or another symbol? Try our Free Forex Trend Analysis Report.