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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Mexican Peso/Polish New Zloty (FOREX:MXNPLN)
Bear Market Rally (-75) - MXNPLN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MXNPLN as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for MXNPLN
The long-term trend has been DOWN since Apr 18th, 2024 at 0.231515
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.238180
The short-term trend has been UP since Apr 24th, 2024 at 0.238060
Smart Scan Analysis for MXNPLN
Based on our trend formula, MXNPLN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.237590 | 0.238920 | 0.236430 | 0.237125 | -0.000465 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.237590 | 2024-04-24 13:13:41 |