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Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)
Sidelines Mode (-55) - PLNCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PLNCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PLNCAD
The long-term trend has been DOWN since Apr 3rd, 2020 at 0.333445
The intermediate-term trend has been DOWN since Apr 2nd, 2020 at 0.335150
The short-term trend has been UP since May 12th, 2020 at 0.333285
Smart Scan Analysis for PLNCAD
Based on our trend formula, PLNCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.337385 | 0.339080 | 0.337010 | 0.338420 | +0.001035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.337385 | 0.338300 | 0.338540 | 2020-05-25 14:00:16 |