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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Polish New Zloty/Euro (FOREX:PLNEUR)

Sidelines Mode (+50) - PLNEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PLNEUR can gain momentum.

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
0.23340500 0.23434000 0.23326363 0.23363422 +0.00022900
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 up The intermediate-term trend has been UP since Jul 4th, 2024 at 0.233215

short term up The short-term trend has been UP since Jul 26th, 2024 at 0.233925

Smart Scan Analysis for PLNEUR

Based on our trend formula, PLNEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for PLNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23340500 0.23434000 0.23326363 0.23363422 +0.00022900
Prev. Close Volume Bid Ask Time
0.23340500 2024-07-26 21:01:12
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