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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

Mexican Peso/Polish New Zloty (FOREX:MXNPLN)

Long-Term Uptrend (+90) - MXNPLN is in a strong uptrend that is likely to continue. While MXNPLN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.222735 0.224805 0.222690 0.223620 +0.000885
Entry Signal

MarketClub’s Trade Triangles for MXNPLN

long term up The long-term trend has been UP since Feb 23rd, 2022 at 0.200550

intermediate term up The intermediate-term trend has been UP since Jun 22nd, 2022 at 0.221775

short term up The short-term trend has been UP since Jun 22nd, 2022 at 0.219940

Smart Scan Analysis for MXNPLN

Based on our trend formula, MXNPLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MXNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.222735 0.224805 0.222690 0.223620 +0.000885
Prev. Close Volume Bid Ask Time
0.222735 2022-06-24 17:03:04
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