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Forex Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

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
38.212352 38.212352 38.212352 38.212352 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 Oct 6th, 2023 at 33.738181

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 38.244854

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
38.212352 38.212352 38.212352 38.212352 0.000000
Prev. Close Volume Bid Ask Time
38.212352 2023-12-01 07:33:07
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