Forex Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
Polish New Zloty/Mexican Peso (FOREX:PLNMXN)
Weak Uptrend (+65) - PLNMXN is showing signs of weakening momentum to the upside. Monitor PLNMXN as it may be in the beginning stages of a reversal.
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 Nov 26th, 2021 at 5.28555
The intermediate-term trend has been UP since Jan 12th, 2022 at 5.11725
The short-term trend has been DOWN since Jan 24th, 2022 at 5.10350
Smart Scan Analysis for PLNMXN
Based on our trend formula, PLNMXN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).