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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Polish New Zloty/Euro (FOREX:PLNEUR)

Crossroads (-60) - PLNEUR is struggling to move into a solid trend. Beware of choppy markets 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
0.23055000 0.23134000 0.23048404 0.23104000 +0.00049000
Entry Signal

MarketClub’s Trade Triangles for PLNEUR

long term up The long-term trend has been UP since Mar 11th, 2024 at 0.232925

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.231410

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 0.234190

Smart Scan Analysis for PLNEUR

Based on our trend formula, PLNEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PLNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23055000 0.23134000 0.23048404 0.23104000 +0.00049000
Prev. Close Volume Bid Ask Time
0.23055000 2024-04-18 08:50:41
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