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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Polish New Zloty/Danish Krone (FOREX:PLNDKK)

Long-Term Downtrend (-90) - PLNDKK is in a strong downtrend that is likely to continue. While PLNDKK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1.6465 1.6488 1.6392 1.6405 -0.0060
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 Feb 25th, 2021 at 1.6433494

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 1.6536914

Smart Scan Analysis for PLNDKK

Based on our trend formula, PLNDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PLNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6465 1.6488 1.6392 1.6405 -0.0060
Prev. Close Volume Bid Ask Time
1.6465 2021-03-01 15:11:56
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