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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.

FOREX_PLNBRL
Open High Low PLNBRL Price Change
1.2340465 1.2413288 1.2308954 1.2377334 +0.0036870
Entry Signal

MarketClub’s Trade Triangles for PLNBRL

long term up The long-term trend has been UP since Nov 20th, 2023 at 1.2246486

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2023 at 1.2129186

short term up 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).

+100
Smart Scan Analysis for PLNBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2340465 1.2413288 1.2308954 1.2377334 +0.0036870
Prev. Close Volume Bid Ask Time
1.2340465 2023-11-28 14:01:17
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