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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.

FOREX_PLNEUR
Open High Low PLNEUR Price Change
0.21746696 0.21746696 0.21746696 0.21746696 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PLNEUR

long term down The long-term trend has been DOWN since Sep 20th, 2021 at 0.21725000

intermediate term down The intermediate-term trend has been DOWN since Sep 17th, 2021 at 0.21784145

short term up 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).

-55
Smart Scan Analysis for PLNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21746696 0.21746696 0.21746696 0.21746696 0.00000000
Prev. Close Volume Bid Ask Time
0.21746696 2021-12-05 02:05:03
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