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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

Mexican Peso/Polish New Zloty (FOREX:MXNPLN)

Bear Market Rally (-75) - MXNPLN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MXNPLN as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid MXNPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNPLN
Open High Low MXNPLN Price Change
0.21952 0.22030 0.21795 0.21844 -0.00108
Entry Signal

MarketClub’s Trade Triangles for MXNPLN

long term down The long-term trend has been DOWN since Apr 18th, 2024 at 0.231515

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.238180

short term up The short-term trend has been UP since Jun 14th, 2024 at 0.221145

Smart Scan Analysis for MXNPLN

Based on our trend formula, MXNPLN is rated as a -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
0.21952 0.22030 0.21795 0.21844 -0.00108
Prev. Close Volume Bid Ask Time
0.21952 2024-06-19 23:46:46
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