Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Polish New Zloty/Danish Krone (FOREX:PLNDKK)
Long-Term Downtrend (-90) - PLNDKK is in a strong downtrend that is likely to continue. While PLNDKK 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 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.
MarketClub’s Trade Triangles for PLNDKK
The long-term trend has been DOWN since Mar 16th, 2020 at 1.6881186
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 1.6433494
The short-term trend has been DOWN since Feb 22nd, 2021 at 1.6536914
Smart Scan Analysis for PLNDKK
Based on our trend formula, PLNDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).