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.
MarketClub’s Trade Triangles for PLNILS
The long-term trend has been DOWN since Mar 19th, 2020 at 0.8607797
The intermediate-term trend has been DOWN since Mar 19th, 2020 at 0.8607797
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).