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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Polish New Zloty/Swedish Krona (FOREX:PLNSEK)
Long-Term Uptrend (+90) - PLNSEK is in a strong uptrend that is likely to continue. While PLNSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid PLNSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.
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 PLNSEK
The long-term trend has been UP since Dec 3rd, 2023 at 2.67335
The intermediate-term trend has been UP since Apr 30th, 2024 at 2.71890
The short-term trend has been UP since May 7th, 2024 at 2.70670
Smart Scan Analysis for PLNSEK
Based on our trend formula, PLNSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.72580 | 2.73325 | 2.72540 | 2.72940 | +0.00360 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.72580 | 2024-05-09 15:16:30 |