Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)

Crossroads (-60) - PLNHUF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	PLNHUF Price	Change
90.83300	91.13171	90.76088	91.05340	+0.22040
Entry Signal

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 DOWN since Apr 4th, 2024 at 91.15594

The short-term trend has been DOWN since Apr 24th, 2024 at 90.87677

Smart Scan Analysis for PLNHUF

Based on our trend formula, PLNHUF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
90.83300	91.13171	90.76088	91.05340	+0.22040
Prev. Close	Volume	Bid	Ask	Time
90.83300				2024-04-25 09:35:47

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