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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Polish New Zloty/Czech Koruna (FOREX:PLNCZK)
Sidelines Mode (-55) - PLNCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PLNCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNCZK.
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 PLNCZK
The long-term trend has been UP since May 1st, 2023 at 5.14055
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 5.86165
The short-term trend has been UP since May 6th, 2024 at 5.80950
Smart Scan Analysis for PLNCZK
Based on our trend formula, PLNCZK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.81610 | 5.82295 | 5.80515 | 5.81290 | -0.00320 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.81610 | 2024-05-09 13:45:56 |