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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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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 UP since Nov 14th, 2024 at 0.201425
Smart Scan Analysis for MXNPLN
Based on our trend formula, MXNPLN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.203385 | 0.203705 | 0.203020 | 0.203595 | +0.000210 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.203385 | 2024-11-20 03:31:21 |