Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Polish New Zloty/Danish Krone (FOREX:PLNDKK)
Bull Market Weakness (+75) - PLNDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNDKK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLNDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PLNDKK
The long-term trend has been DOWN since Feb 10th, 2023 at 1.55485
The intermediate-term trend has been UP since Mar 1st, 2023 at 1.58285
The short-term trend has been UP since Mar 21st, 2023 at 1.58715
Smart Scan Analysis for PLNDKK
Based on our trend formula, PLNDKK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.58200 | 1.59180 | 1.58040 | 1.58915 | +0.00715 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.58200 | 2023-03-21 20:13:29 |