Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Polish New Zloty/Czech Koruna (FOREX:PLNCZK)
Crossroads (+60) - PLNCZK 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 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.
MarketClub’s Trade Triangles for PLNCZK
The long-term trend has been DOWN since Oct 29th, 2020 at 5.8989
The intermediate-term trend has been UP since Oct 6th, 2021 at 5.5904
The short-term trend has been UP since Oct 12th, 2021 at 5.5400
Smart Scan Analysis for PLNCZK
Based on our trend formula, PLNCZK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).