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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)
Long-Term Downtrend (-90) - PLNHKD is in a strong downtrend that is likely to continue. While PLNHKD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PLNHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PLNHKD
The long-term trend has been DOWN since Oct 23rd, 2024 at 1.93260
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 1.99505
The short-term trend has been DOWN since Nov 19th, 2024 at 1.89205
Smart Scan Analysis for PLNHKD
Based on our trend formula, PLNHKD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.89390 | 1.89530 | 1.88055 | 1.88710 | -0.00680 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.89390 | 2024-11-21 06:32:45 |