Forex Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)
Weak Downtrend (-65) - PLNCAD is showing signs of a strengthening downtrend. Monitor PLNCAD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for PLNCAD
The long-term trend has been DOWN since Feb 28th, 2022 at 0.301775
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.290455
The short-term trend has been UP since Aug 1st, 2022 at 0.278000
Smart Scan Analysis for PLNCAD
Based on our trend formula, PLNCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).