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Forex Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)

Strong Downtrend (-100) - PLNHUF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PLNHUF continues to fall. Traders should use caution and set stops.

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.

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FOREX_PLNHUF
Open High Low PLNHUF Price Change
78.66428 78.66428 78.66428 78.66428 0.00000
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term down The long-term trend has been DOWN since Jan 12th, 2022 at 77.45490

intermediate term down The intermediate-term trend has been DOWN since Jan 6th, 2022 at 78.83092

short term down The short-term trend has been DOWN since Jan 3rd, 2022 at 80.15847

Smart Scan Analysis for PLNHUF

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

-100
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.66428 78.66428 78.66428 78.66428 0.00000
Prev. Close Volume Bid Ask Time
78.66428 2022-01-16 04:51:18
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