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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Mexican Peso/Polish New Zloty (FOREX:MXNPLN)

Bull Market Weakness (+75) - MXNPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNPLN as it may be in the beginning stages 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
0.19168 0.19379 0.19114 0.19372 +0.00204
Entry Signal

MarketClub’s Trade Triangles for MXNPLN

long term up The long-term trend has been UP since Mar 26th, 2021 at 0.191745

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 0.191570

short term up The short-term trend has been UP since Oct 15th, 2021 at 0.192255

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
0.19168 0.19379 0.19114 0.19372 +0.00204
Prev. Close Volume Bid Ask Time
0.19168 2021-10-15 17:01:17
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