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.
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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 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).
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 |