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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Hong Kong Dollar/Polish New Zloty (FOREX:HKDPLN)
Sidelines Mode (+55) - HKDPLN 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 HKDPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDPLN.
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 HKDPLN
The long-term trend has been UP since Oct 23rd, 2024 at 0.5174350
The intermediate-term trend has been UP since Dec 31st, 2024 at 0.5313121
The short-term trend has been DOWN since Jan 14th, 2025 at 0.5312250
Smart Scan Analysis for HKDPLN
Based on our trend formula, HKDPLN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.531280 | 0.531330 | 0.524985 | 0.525465 | -0.005815 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.531280 | 2025-01-20 09:40:00 |