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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Polish New Zloty/Danish Krone (FOREX:PLNDKK)

Sidelines Mode (+55) - PLNDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_PLNDKK
Open High Low PLNDKK Price Change
1.72515 1.72805 1.72390 1.72480 -0.00035
Entry Signal

MarketClub’s Trade Triangles for PLNDKK

long term up The long-term trend has been UP since Mar 11th, 2024 at 1.73655

intermediate term up The intermediate-term trend has been UP since Jan 31st, 2024 at 1.72275

short term down The short-term trend has been DOWN since Mar 15th, 2024 at 1.73380

Smart Scan Analysis for PLNDKK

Based on our trend formula, PLNDKK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PLNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.72515 1.72805 1.72390 1.72480 -0.00035
Prev. Close Volume Bid Ask Time
1.72515 2024-03-19 09:59:06
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