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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Polish New Zloty/Euro (FOREX:PLNEUR)

Bull Market Weakness (+75) - PLNEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNEUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PLNEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNEUR
Open High Low PLNEUR Price Change
0.23254 0.23285 0.23238 0.23284 +0.00030
Entry Signal

MarketClub’s Trade Triangles for PLNEUR

long term up The long-term trend has been UP since Mar 11th, 2024 at 0.232925

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.231410

short term up The short-term trend has been UP since May 6th, 2024 at 0.231795

Smart Scan Analysis for PLNEUR

Based on our trend formula, PLNEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for PLNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23254 0.23285 0.23238 0.23284 +0.00030
Prev. Close Volume Bid Ask Time
0.23254 2024-05-09 06:36:02
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