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Forex Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

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.

FOREX_PLNHUF
Open High Low PLNHUF Price Change
87.96248 88.21083 87.75950 88.11700 +0.15452
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term up The long-term trend has been UP since Dec 1st, 2023 at 87.73282

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2023 at 86.29000

short term up The short-term trend has been UP since Nov 27th, 2023 at 87.42800

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
87.96248 88.21083 87.75950 88.11700 +0.15452
Prev. Close Volume Bid Ask Time
87.96248 2023-12-07 15:24:22
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