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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Polish New Zloty/Mexican Peso (FOREX:PLNMXN)

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_PLNMXN
Open High Low PLNMXN Price Change
5.07685 5.07965 5.03775 5.04135 -0.03550
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 down The intermediate term trend has been DOWN since Dec 12th, 2018 at 5.30250

short term up The short term trend has been UP since Jan 2nd, 2019 at 5.25500

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).

-55
Smart Scan Analysis for PLNMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.07685 5.07965 5.03775 5.04135 -0.03550
Prev. Close Volume Bid Ask Time
5.07685 5.03830 5.04440 2019-01-15 23:17:22
Want to analyze Polish New Zloty/Mexican Peso PLNMXN or another symbol? Try our Free Forex Trend Analysis Report.