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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

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

Bear Market Rally (-75) - PLNHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNHKD as it may be in the beginning of a reversal.

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
1.72310 1.72410 1.69845 1.70025 -0.02285
Entry Signal

MarketClub’s Trade Triangles for PLNHKD

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 1.8552

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 1.7145

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 1.7193

Smart Scan Analysis for PLNHKD

Based on our trend formula, PLNHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PLNHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.72310 1.72410 1.69845 1.70025 -0.02285
Prev. Close Volume Bid Ask Time
1.72310 2022-08-15 18:25:08
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