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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)

Weak Downtrend (-65) - PLNHUF is showing signs of a strengthening downtrend. Monitor PLNHUF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid PLNHUF?

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.

FOREX_PLNHUF
Open High Low PLNHUF Price Change
81.22092 81.55650 80.98358 81.26100 +0.04008
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term down The long-term trend has been DOWN since Jan 4th, 2023 at 84.89935

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2023 at 81.22898

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 83.44963

Smart Scan Analysis for PLNHUF

Based on our trend formula, PLNHUF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.22092 81.55650 80.98358 81.26100 +0.04008
Prev. Close Volume Bid Ask Time
81.22092 2023-03-30 16:38:12
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