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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Mexican Peso/Polish New Zloty (FOREX:MXNPLN)
Sidelines Mode (-55) - MXNPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for MXNPLN
The long-term trend has been DOWN since Apr 18th, 2024 at 0.231515
The intermediate-term trend has been UP since Nov 19th, 2024 at 0.202860
The short-term trend has been DOWN since Dec 26th, 2024 at 0.202365
Smart Scan Analysis for MXNPLN
Based on our trend formula, MXNPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.203030 | 0.203815 | 0.202195 | 0.202370 | -0.000660 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.203030 | 2024-12-26 14:10:48 |