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Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)
Sidelines Mode (+55) - PLNHUF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PLNHUF
The long-term trend has been UP since Jan 10th, 2020 at 78.55476
The intermediate-term trend has been UP since Jan 3rd, 2020 at 78.13010
The short-term trend has been DOWN since Feb 14th, 2020 at 79.11548
Smart Scan Analysis for PLNHUF
Based on our trend formula, PLNHUF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 78.92550 | 79.11589 | 78.43063 | 78.78015 | -0.14535 |
| Prev. Close | Volume | Bid | Ask | Time |
| 78.92550 | 78.71855 | 78.84176 | 2020-02-17 16:24:52 |