Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Polish New Zloty/Danish Krone (FOREX:PLNDKK)
Bull Market Weakness (+75) - PLNDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNDKK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLNDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNDKK.
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 PLNDKK
The long-term trend has been UP since Mar 11th, 2024 at 1.73655
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 1.72575
The short-term trend has been UP since May 6th, 2024 at 1.72880
Smart Scan Analysis for PLNDKK
Based on our trend formula, PLNDKK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.73015 | 1.73530 | 1.72530 | 1.73445 | +0.00430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.73015 | 2024-05-08 23:40:55 |