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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.

FOREX_PLNMXN
Open High Low PLNMXN Price Change
5.08095 5.08485 5.04985 5.06735 -0.01360
Entry Signal

MarketClub’s Trade Triangles for PLNMXN

long term up The long-term trend has been UP since Nov 26th, 2021 at 5.28555

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2022 at 5.11725

short term down 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).

+65
Smart Scan Analysis for PLNMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.08095 5.08485 5.04985 5.06735 -0.01360
Prev. Close Volume Bid Ask Time
5.08095 2022-01-26 06:34:48
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