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Forex Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

Mexican Peso/Polish New Zloty (FOREX:MXNPLN)

Countertrend Down (-85) - MXNPLN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.19450 0.19489 0.19394 0.19395 -0.00055
Entry Signal

MarketClub’s Trade Triangles for MXNPLN

long term down The long-term trend has been DOWN since Nov 26th, 2021 at 0.188990

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 0.188990

short term up The short-term trend has been UP since Nov 30th, 2021 at 0.192775

Smart Scan Analysis for MXNPLN

Based on our trend formula, MXNPLN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MXNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19450 0.19489 0.19394 0.19395 -0.00055
Prev. Close Volume Bid Ask Time
0.19450 2021-12-09 06:41:40
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