Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)
Weak Downtrend (-65) - PLNHKD is showing signs of a strengthening downtrend. Monitor PLNHKD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for PLNHKD
The long-term trend has been UP since Dec 9th, 2020 at 2.1193
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 2.0683
The short-term trend has been DOWN since Feb 26th, 2021 at 2.0782
Smart Scan Analysis for PLNHKD
Based on our trend formula, PLNHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).