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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Polish New Zloty/Qatari Rial (FOREX:PLNQAR)
Sidelines Mode (+50) - PLNQAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PLNQAR can gain momentum.
Is it time to buy, sell, or avoid PLNQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNQAR.
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 PLNQAR
The long-term trend has been DOWN since Apr 17th, 2024 at 0.8998061
The intermediate-term trend has been UP since May 5th, 2024 at 0.9063238
The short-term trend has been UP since May 5th, 2024 at 0.9045626
Smart Scan Analysis for PLNQAR
Based on our trend formula, PLNQAR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9096848 | 0.9096848 | 0.9096848 | 0.9096848 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9096848 | 2024-05-08 07:26:31 |