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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Polish New Zloty/Czech Koruna (FOREX:PLNCZK)

Long-Term Downtrend (-90) - PLNCZK is in a strong downtrend that is likely to continue. While PLNCZK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PLNCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNCZK
Open High Low PLNCZK Price Change
5.80195 5.82320 5.79725 5.82215 +0.02020
Entry Signal

MarketClub’s Trade Triangles for PLNCZK

long term down The long-term trend has been DOWN since Oct 23rd, 2024 at 5.80420

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2024 at 5.85585

short term down The short-term trend has been DOWN since Oct 10th, 2024 at 5.85750

Smart Scan Analysis for PLNCZK

Based on our trend formula, PLNCZK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PLNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.80195 5.82320 5.79725 5.82215 +0.02020
Prev. Close Volume Bid Ask Time
5.80195 2024-10-25 17:06:03
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