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Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2025.
Polish New Zloty/Mexican Peso (FOREX:PLNMXN)
Bull Market Weakness (+75) - PLNMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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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 Dec 30th, 2024 at 5.02270
The short-term trend has been DOWN since Jan 24th, 2025 at 5.02505
Smart Scan Analysis for PLNMXN
Based on our trend formula, PLNMXN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.03290 | 5.05845 | 5.01775 | 5.05065 | +0.01775 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.03290 | 2025-01-24 17:06:37 |