Forex Trend Analysis Report
Prepared for you on Monday, January 18, 2021.
Mexican Peso/Polish New Zloty (FOREX:MXNPLN)
Strong Uptrend (+100) - MXNPLN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNPLN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Oct 15th, 2020 at 0.180610
The intermediate-term trend has been UP since Dec 29th, 2020 at 0.186710
The short-term trend has been UP since Jan 12th, 2021 at 0.185865
Smart Scan Analysis for MXNPLN
Based on our trend formula, MXNPLN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).