Forex Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
Polish New Zloty/Euro (FOREX:PLNEUR)
Sidelines Mode (-55) - PLNEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PLNEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNEUR
The long-term trend has been DOWN since Sep 20th, 2021 at 0.21725000
The intermediate-term trend has been DOWN since Sep 17th, 2021 at 0.21784145
The short-term trend has been UP since Nov 24th, 2021 at 0.21349500
Smart Scan Analysis for PLNEUR
Based on our trend formula, PLNEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).