Forex Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)
Strong Uptrend (+100) - PLNNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PLNNOK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Oct 23rd, 2023 at 2.64900
The intermediate-term trend has been UP since Oct 4th, 2023 at 2.50105
The short-term trend has been UP since Dec 4th, 2023 at 2.70770
Smart Scan Analysis for PLNNOK
Based on our trend formula, PLNNOK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).