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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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
0.9148068 0.9154082 0.9116886 0.9121423 -0.0026650
Entry Signal

MarketClub’s Trade Triangles for PLNILS

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 0.9226725

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.9596341

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.9172772

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
0.9148068 0.9154082 0.9116886 0.9121423 -0.0026650
Prev. Close Volume Bid Ask Time
0.9148068 2024-11-20 03:49:15
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