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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

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.

FOREX_PLNDKK
Open High Low PLNDKK Price Change
1.6372500 1.6487500 1.6369360 1.6455196 +0.0082700
Entry Signal

MarketClub’s Trade Triangles for PLNDKK

long term down The long-term trend has been DOWN since Mar 16th, 2020 at 1.6881186

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 1.7538000

short term up The short-term trend has been UP since Apr 6th, 2020 at 1.6383000

Smart Scan Analysis for PLNDKK

Based on our trend formula, PLNDKK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PLNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6372500 1.6487500 1.6369360 1.6455196 +0.0082700
Prev. Close Volume Bid Ask Time
1.6372500 1.6450173 1.6460218 2020-04-07 07:00:13
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