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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)

Weak Uptrend (+65) - PLNHUF is showing signs of weakening momentum to the upside. Monitor PLNHUF as it may be in the beginning stages of a reversal.

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

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

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

FOREX_PLNHUF
Open High Low PLNHUF Price Change
91.45850 91.69670 91.36169 91.62184 +0.16334
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term up The long-term trend has been UP since Jan 29th, 2024 at 89.06948

intermediate term up The intermediate-term trend has been UP since Jan 24th, 2024 at 88.27664

short term down The short-term trend has been DOWN since Mar 21st, 2024 at 91.16121

Smart Scan Analysis for PLNHUF

Based on our trend formula, PLNHUF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
91.45850 91.69670 91.36169 91.62184 +0.16334
Prev. Close Volume Bid Ask Time
91.45850 2024-03-29 09:55:52
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