Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Polish New Zloty/Danish Krone (FOREX:PLNDKK)
Sidelines Mode (-55) - PLNDKK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Mar 11th, 2024 at 1.73655
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 1.72575
The short-term trend has been UP since Apr 19th, 2024 at 1.73030
Smart Scan Analysis for PLNDKK
Based on our trend formula, PLNDKK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.73130 | 1.73170 | 1.72345 | 1.72405 | -0.00725 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.73130 | 2024-04-24 10:05:21 |