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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)

Crossroads (-60) - PLNCAD is struggling to move into a solid trend. Beware of choppy markets 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
0.339310 0.339620 0.335725 0.336345 -0.002965
Entry Signal

MarketClub’s Trade Triangles for PLNCAD

long term up The long-term trend has been UP since Nov 10th, 2023 at 0.33432

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.33880

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 0.34395

Smart Scan Analysis for PLNCAD

Based on our trend formula, PLNCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PLNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.339310 0.339620 0.335725 0.336345 -0.002965
Prev. Close Volume Bid Ask Time
0.339310 2024-04-16 22:06:21
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