Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
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.
MarketClub’s Trade Triangles for MXNPLN
The long-term trend has been UP since Mar 2nd, 2023 at 0.245255
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 0.237780
The short-term trend has been UP since Mar 22nd, 2023 at 0.234295
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).