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Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Polish New Zloty/Mexican Peso (FOREX:PLNMXN)
Strong Uptrend (+100) - PLNMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PLNMXN 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 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.
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MarketClub’s Trade Triangles for PLNMXN
The long-term trend has been UP since Apr 18th, 2024 at 4.31925
The intermediate-term trend has been UP since Apr 18th, 2024 at 4.19855
The short-term trend has been UP since May 3rd, 2024 at 4.23020
Smart Scan Analysis for PLNMXN
Based on our trend formula, PLNMXN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.20660 | 4.23960 | 4.20075 | 4.22445 | +0.01785 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.20660 | 2024-05-03 16:59:24 |