Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)
Weak Downtrend (-65) - PLNHUF is showing signs of a strengthening downtrend. Monitor PLNHUF as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for PLNHUF
The long-term trend has been DOWN since Jan 4th, 2023 at 84.89935
The intermediate-term trend has been UP since Mar 8th, 2023 at 81.22898
The short-term trend has been DOWN since Mar 21st, 2023 at 83.44963
Smart Scan Analysis for PLNHUF
Based on our trend formula, PLNHUF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).