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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)

Strong Downtrend (-100) - PLNCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PLNCAD continues to fall. Traders should use caution 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
0.341100 0.341645 0.340550 0.340740 -0.000360
Entry Signal

MarketClub’s Trade Triangles for PLNCAD

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.342635

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 0.347225

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.342430

Smart Scan Analysis for PLNCAD

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

-100
Smart Scan Analysis for PLNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.341100 0.341645 0.340550 0.340740 -0.000360
Prev. Close Volume Bid Ask Time
0.341100 2024-11-20 03:28:55
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