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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)
Strong Uptrend (+100) - PLNHUF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PLNHUF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for PLNHUF
The long-term trend has been UP since Jan 29th, 2024 at 89.06948
The intermediate-term trend has been UP since Oct 25th, 2024 at 93.66391
The short-term trend has been UP since Nov 19th, 2024 at 94.59559
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 94.22382 | 94.51450 | 94.16588 | 94.35850 | +0.13468 |
| Prev. Close | Volume | Bid | Ask | Time |
| 94.22382 | 2024-11-20 03:40:25 |