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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.

FOREX_PLNHUF
Open High Low PLNHUF Price Change
78.92550 79.11589 78.43063 78.78015 -0.14535
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term up The long-term trend has been UP since Jan 10th, 2020 at 78.55476

intermediate term up The intermediate-term trend has been UP since Jan 3rd, 2020 at 78.13010

short term down 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).

+55
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways 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
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