Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Mexican Peso/Polish New Zloty (FOREX:MXNPLN)

Weak Downtrend (-65) - MXNPLN is showing signs of a strengthening downtrend. Monitor MXNPLN as it may be building momentum to the downside.

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
0.232915 0.234295 0.232220 0.233560 +0.000645
Entry Signal

MarketClub’s Trade Triangles for MXNPLN

long term up The long-term trend has been UP since Mar 2nd, 2023 at 0.245255

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 0.237780

short term down The short-term trend has been DOWN since Mar 20th, 2023 at 0.231690

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).

-70
Smart Scan Analysis for MXNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.232915 0.234295 0.232220 0.233560 +0.000645
Prev. Close Volume Bid Ask Time
0.232915 2023-03-21 23:38:46
Get a free daily analysis and signals for Mexican Peso/Polish New Zloty (MXNPLN) - Request Your Free Report.