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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

Polish New Zloty/Kenyan Shilling (FOREX:PLNKES)

Sidelines Mode (+55) - PLNKES is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
32.460129 32.483886 32.460129 32.469658 +0.009529
Entry Signal

MarketClub’s Trade Triangles for PLNKES

long term down The long-term trend has been DOWN since Feb 16th, 2024 at 36.618925

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 32.653204

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 32.595427

Smart Scan Analysis for PLNKES

Based on our trend formula, PLNKES is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PLNKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.460129 32.483886 32.460129 32.469658 +0.009529
Prev. Close Volume Bid Ask Time
32.460129 2024-07-17 23:17:55
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