Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Polish New Zloty/Danish Krone (FOREX:PLNDKK)
Weak Downtrend (-65) - PLNDKK is showing signs of a strengthening downtrend. Monitor PLNDKK as it may be building momentum to the downside.
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 Sep 20th, 2021 at 1.61600
The intermediate-term trend has been DOWN since Sep 17th, 2021 at 1.62015
The short-term trend has been DOWN since Oct 18th, 2021 at 1.62375
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).