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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Polish New Zloty/Kenyan Shilling (FOREX:PLNKES)

Crossroads (-60) - PLNKES is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_PLNKES
Open High Low PLNKES Price Change
33.053708 33.053708 33.053708 33.053708 0.000000
Entry Signal

MarketClub’s Trade Triangles for PLNKES

long term down The long-term trend has been DOWN since Feb 16th, 2024 at 36.618925

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 32.619985

short term up The short-term trend has been UP since May 5th, 2024 at 32.818678

Smart Scan Analysis for PLNKES

Based on our trend formula, PLNKES is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PLNKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.053708 33.053708 33.053708 33.053708 0.000000
Prev. Close Volume Bid Ask Time
33.053708 2024-05-08 07:26:31
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