Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Polish New Zloty/Mexican Peso (FOREX:PLNMXN)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_PLNMXN
Open High Low PLNMXN Price Change
4.94250 4.94980 4.88685 4.89980 -0.04270
Entry Signal

MarketClub’s Trade Triangles for PLNMXN

long term down The long term trend has been DOWN since Sep 12th, 2019 at 4.91320

intermediate term down The intermediate term trend has been DOWN since Sep 6th, 2019 at 4.96285

short term down The short term trend has been DOWN since Sep 17th, 2019 at 4.93380

Smart Scan Analysis for PLNMXN

Based on a pre-defined weighted trend formula for chart analysis, PLNMXN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for PLNMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.94250 4.94980 4.88685 4.89980 -0.04270
Prev. Close Volume Bid Ask Time
4.94250 4.89270 4.90690 2019-09-20 17:44:15
Want to analyze Polish New Zloty/Mexican Peso PLNMXN or another symbol? Try our Free Forex Trend Analysis Report.