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Forex Trend Analysis Report

Prepared for you on Sunday, July 3, 2022.

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.

FOREX_PLNDKK
Open High Low PLNDKK Price Change
1.5868052 1.5868052 1.5844819 1.5864828 -0.0003220
Entry Signal

MarketClub’s Trade Triangles for PLNDKK

long term down The long-term trend has been DOWN since Mar 1st, 2022 at 1.5762500

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1.6046500

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 1.5792709

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).

-90
Smart Scan Analysis for PLNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5868052 1.5868052 1.5844819 1.5864828 -0.0003220
Prev. Close Volume Bid Ask Time
1.5868052 2022-07-03 17:08:45
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