Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Polish New Zloty/Mexican Peso (FOREX:PLNMXN)
Long-Term Uptrend (+90) - PLNMXN is in a strong uptrend that is likely to continue. While PLNMXN 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 PLNMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNMXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNMXN
The long-term trend has been UP since Feb 22nd, 2021 at 5.5594
The intermediate-term trend has been UP since Jan 29th, 2021 at 5.4577
The short-term trend has been UP since Feb 25th, 2021 at 5.6232
Smart Scan Analysis for PLNMXN
Based on our trend formula, PLNMXN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).