Forex Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)
Weak Downtrend (-65) - PLNNOK is showing signs of a strengthening downtrend. Monitor PLNNOK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PLNNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNNOK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNNOK
The long-term trend has been DOWN since Jun 4th, 2020 at 2.38305
The intermediate-term trend has been UP since Apr 8th, 2021 at 2.22420
The short-term trend has been DOWN since Apr 13th, 2021 at 2.21765
Smart Scan Analysis for PLNNOK
Based on our trend formula, PLNNOK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).