Forex Trend Analysis Report
Prepared for you on Friday, May 14, 2021.
Polish New Zloty/Danish Krone (FOREX:PLNDKK)
Crossroads (+60) - PLNDKK 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 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 UP since Apr 7th, 2021 at 1.6248000
The short-term trend has been UP since May 9th, 2021 at 1.6347000
Smart Scan Analysis for PLNDKK
Based on our trend formula, PLNDKK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).