Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)
Bull Market Weakness (+75) - PLNHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNHKD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLNHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNHKD.
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 PLNHKD
The long-term trend has been DOWN since Apr 16th, 2024 at 1.92230
The intermediate-term trend has been UP since May 6th, 2024 at 1.95645
The short-term trend has been UP since May 3rd, 2024 at 1.94280
Smart Scan Analysis for PLNHKD
Based on our trend formula, PLNHKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.94765 | 1.95590 | 1.94190 | 1.95355 | +0.00590 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.94765 | 2024-05-08 23:06:53 |