Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Polish New Zloty/Kenyan Shilling (FOREX:PLNKES)

Long-Term Downtrend (-90) - PLNKES is in a strong downtrend that is likely to continue. While PLNKES is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
31.672113 31.672113 31.672113 31.672113 0.000000
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 down The intermediate-term trend has been DOWN since Feb 14th, 2024 at 39.743266

short term down The short-term trend has been DOWN since Mar 13th, 2024 at 36.322674

Smart Scan Analysis for PLNKES

Based on our trend formula, PLNKES is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PLNKES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.672113 31.672113 31.672113 31.672113 0.000000
Prev. Close Volume Bid Ask Time
31.996018 2024-04-14 22:04:00
Get a free daily analysis and signals for Polish New Zloty/Kenyan Shilling (PLNKES) - Request Your Free Report.