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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Polish New Zloty/Israeli Shekel (FOREX:PLNILS)

Countertrend Down (-85) - PLNILS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid PLNILS?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNILS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNILS
Open High Low PLNILS Price Change
0.8610431 0.8621563 0.8547602 0.8547602 -0.0062830
Entry Signal

MarketClub’s Trade Triangles for PLNILS

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 0.8607797

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2020 at 0.8607797

short term up The short-term trend has been UP since Apr 7th, 2020 at 0.8615513

Smart Scan Analysis for PLNILS

Based on our trend formula, PLNILS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for PLNILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8610431 0.8621563 0.8547602 0.8547602 -0.0062830
Prev. Close Volume Bid Ask Time
0.8610431 0.8538698 0.8556505 2020-04-09 07:31:30
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