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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Polish New Zloty/Mexican Peso (FOREX:PLNMXN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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
5.03640 5.04585 5.02640 5.03490 -0.00150
Entry Signal

MarketClub’s Trade Triangles for PLNMXN

long term down The long term trend has been DOWN since Jan 24th, 2019 at 5.00935

intermediate term up The intermediate term trend has been UP since Mar 3rd, 2019 at 5.10615

short term down The short term trend has been DOWN since Mar 11th, 2019 at 5.06880

Smart Scan Analysis for PLNMXN

Based on a pre-defined weighted trend formula for chart analysis, PLNMXN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for PLNMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.03640 5.04585 5.02640 5.03490 -0.00150
Prev. Close Volume Bid Ask Time
5.03640 5.03260 5.03720 2019-03-19 23:31:27
Want to analyze Polish New Zloty/Mexican Peso PLNMXN or another symbol? Try our Free Forex Trend Analysis Report.