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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.

FOREX_PLNHKD
Open High Low PLNHKD Price Change
1.98230 1.99215 1.96785 1.97275 -0.00955
Entry Signal

MarketClub’s Trade Triangles for PLNHKD

long term down The long-term trend has been DOWN since Mar 16th, 2020 at 1.95695

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 1.87340

short term up 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).

+60
Smart Scan Analysis for PLNHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.98230 1.99215 1.96785 1.97275 -0.00955
Prev. Close Volume Bid Ask Time
1.98230 1.97230 1.97320 2020-06-05 17:05:28
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