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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Polish New Zloty/Brazilian Real (FOREX:PLNBRL)

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

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.

FOREX_PLNBRL
Open High Low PLNBRL Price Change
1.2714818 1.2785304 1.2706156 1.2783158 +0.0068340
Entry Signal

MarketClub’s Trade Triangles for PLNBRL

long term up The long-term trend has been UP since Feb 23rd, 2024 at 1.2558005

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2024 at 1.2416627

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 1.2747064

Smart Scan Analysis for PLNBRL

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

+65
Smart Scan Analysis for PLNBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2714818 1.2785304 1.2706156 1.2783158 +0.0068340
Prev. Close Volume Bid Ask Time
1.2714818 2024-04-25 05:48:12
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