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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.

FOREX_PLNCAD
Open High Low PLNCAD Price Change
0.337385 0.339080 0.337010 0.338420 +0.001035
Entry Signal

MarketClub’s Trade Triangles for PLNCAD

long term down The long-term trend has been DOWN since Apr 3rd, 2020 at 0.333445

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2020 at 0.335150

short term up 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).

-55
Smart Scan Analysis for PLNCAD
Strong Downtrend Sideways 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
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