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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)

Countertrend Up (+85) - PLNHUF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
96.44400 96.58152 96.01217 96.38900 -0.05500
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term up The long-term trend has been UP since Jan 29th, 2024 at 89.06948

intermediate term up The intermediate-term trend has been UP since Oct 25th, 2024 at 93.66391

short term up The short-term trend has been UP since Dec 25th, 2024 at 97.48437

Smart Scan Analysis for PLNHUF

Based on our trend formula, PLNHUF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
96.44400 96.58152 96.01217 96.38900 -0.05500
Prev. Close Volume Bid Ask Time
96.44400 2024-12-26 11:37:08
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