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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Polish New Zloty/Israeli Shekel (FOREX:PLNILS)

Weak Downtrend (-65) - PLNILS is showing signs of a strengthening downtrend. Monitor PLNILS as it may be building momentum to the downside.

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

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

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

FOREX_PLNILS
Open High Low PLNILS Price Change
0.9201352 0.9294948 0.9193521 0.9278576 +0.0077220
Entry Signal

MarketClub’s Trade Triangles for PLNILS

long term up The long-term trend has been UP since Apr 5th, 2024 at 0.9509620

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.9154039

short term down The short-term trend has been DOWN since May 8th, 2024 at 0.9235215

Smart Scan Analysis for PLNILS

Based on our trend formula, PLNILS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for PLNILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9201352 0.9294948 0.9193521 0.9278576 +0.0077220
Prev. Close Volume Bid Ask Time
0.9201352 2024-05-08 11:07:19
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