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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 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
1.4977130 1.5078218 1.4765046 1.4897550 -0.0079580
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 Dec 6th, 2024 at 1.5028351

short term down The short-term trend has been DOWN since Dec 20th, 2024 at 1.4874399

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
1.4977130 1.5078218 1.4765046 1.4897550 -0.0079580
Prev. Close Volume Bid Ask Time
1.4977130 2024-12-20 17:04:18
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