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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Polish New Zloty/Euro (FOREX:PLNEUR)

Weak Downtrend (-65) - PLNEUR is showing signs of a strengthening downtrend. Monitor PLNEUR as it may be building momentum to the downside.

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.

FOREX_PLNEUR
Open High Low PLNEUR Price Change
0.230725 0.231095 0.230495 0.230500 -0.000225
Entry Signal

MarketClub’s Trade Triangles for PLNEUR

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 0.228675

intermediate term down The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 0.232325

short term up The short-term trend has been UP since Nov 14th, 2024 at 0.231025

Smart Scan Analysis for PLNEUR

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

-65
Smart Scan Analysis for PLNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.230725 0.231095 0.230495 0.230500 -0.000225
Prev. Close Volume Bid Ask Time
0.230725 2024-11-20 03:41:17
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