Forex Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
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.
MarketClub’s Trade Triangles for PLNKES
The long-term trend has been DOWN since Jul 19th, 2021 at 28.298055
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 28.298055
The short-term trend has been DOWN since Jul 20th, 2021 at 27.768308
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).