Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Hong Kong Dollar/Polish New Zloty (FOREX:HKDPLN)
Long-Term Uptrend (+90) - HKDPLN is in a strong uptrend that is likely to continue. While HKDPLN 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 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.
MarketClub’s Trade Triangles for HKDPLN
The long-term trend has been UP since Aug 11th, 2021 at 0.50344299
The intermediate-term trend has been UP since Sep 19th, 2021 at 0.50337500
The short-term trend has been UP since Oct 21st, 2021 at 0.50904500
Smart Scan Analysis for HKDPLN
Based on our trend formula, HKDPLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).