Forex Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)
Crossroads (+60) - PLNHKD 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 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 DOWN since Mar 16th, 2020 at 1.95695
The intermediate-term trend has been UP since May 20th, 2020 at 1.87340
The short-term trend has been UP since May 26th, 2020 at 1.88260
Smart Scan Analysis for PLNHKD
Based on our trend formula, PLNHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).