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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)

Strong Downtrend (-100) - PLNHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.

FOREX_PLNHKD
Open High Low PLNHKD Price Change
1.96995 1.97485 1.95125 1.95590 -0.01405
Entry Signal

MarketClub’s Trade Triangles for PLNHKD

long term down The long-term trend has been DOWN since Aug 11th, 2021 at 1.98635

intermediate term down The intermediate-term trend has been DOWN since Sep 17th, 2021 at 1.98735

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 1.96465

Smart Scan Analysis for PLNHKD

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

-100
Smart Scan Analysis for PLNHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.96995 1.97485 1.95125 1.95590 -0.01405
Prev. Close Volume Bid Ask Time
1.96995 2021-10-25 19:53:14
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