Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Polish New Zloty/Brazilian Real (FOREX:PLNBRL)
Strong Uptrend (+100) - PLNBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PLNBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid PLNBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNBRL
The long-term trend has been UP since Nov 20th, 2023 at 1.2246486
The intermediate-term trend has been UP since Nov 17th, 2023 at 1.2129186
The short-term trend has been UP since Nov 8th, 2023 at 1.1844956
Smart Scan Analysis for PLNBRL
Based on our trend formula, PLNBRL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).