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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.

FOREX_PLNDKK
Open High Low PLNDKK Price Change
1.6431500 1.6457000 1.6379000 1.6422421 -0.0009080
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 up The intermediate-term trend has been UP since Apr 7th, 2021 at 1.6248000

short term up 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).

+60
Smart Scan Analysis for PLNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6431500 1.6457000 1.6379000 1.6422421 -0.0009080
Prev. Close Volume Bid Ask Time
1.6431500 2021-05-14 22:04:58
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