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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)

Bear Market Rally (-75) - PLNHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNHKD as it may be in the beginning of a reversal.

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

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

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

FOREX_PLNHKD
Open High Low PLNHKD Price Change
1.94650 1.94705 1.93125 1.93400 -0.01250
Entry Signal

MarketClub’s Trade Triangles for PLNHKD

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 1.9223

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1.9515

short term up The short-term trend has been UP since Apr 19th, 2024 at 1.9363

Smart Scan Analysis for PLNHKD

Based on our trend formula, PLNHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PLNHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.94650 1.94705 1.93125 1.93400 -0.01250
Prev. Close Volume Bid Ask Time
1.94650 2024-04-24 21:41:07
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