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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)

Countertrend Down (-85) - PLNCAD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_PLNCAD
Open High Low PLNCAD Price Change
0.310345 0.311675 0.309475 0.310010 -0.000335
Entry Signal

MarketClub’s Trade Triangles for PLNCAD

long term down The long-term trend has been DOWN since Sep 7th, 2023 at 0.317760

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 0.327105

short term up The short-term trend has been UP since Oct 2nd, 2023 at 0.311010

Smart Scan Analysis for PLNCAD

Based on our trend formula, PLNCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for PLNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.310345 0.311675 0.309475 0.310010 -0.000335
Prev. Close Volume Bid Ask Time
0.310345 2023-10-03 16:01:05
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