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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Polish New Zloty/Kenyan Shilling (FOREX:PLNKES)

Countertrend Up (+85) - PLNKES is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_PLNKES
Open High Low PLNKES Price Change
30.712782 30.712782 30.712782 30.712782 0.000000
Entry Signal

MarketClub’s Trade Triangles for PLNKES

long term up The long-term trend has been UP since Nov 11th, 2022 at 26.356206

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2023 at 28.303655

short term up The short-term trend has been UP since Mar 24th, 2023 at 29.201200

Smart Scan Analysis for PLNKES

Based on our trend formula, PLNKES is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for PLNKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.712782 30.712782 30.712782 30.712782 0.000000
Prev. Close Volume Bid Ask Time
30.712782 2023-03-31 08:50:08
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