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Forex Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)

Bull Market Weakness (+75) - PLNNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNNOK as it may be in the beginning stages of a reversal.

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.

FOREX_PLNNOK
Open High Low PLNNOK Price Change
2.43065 2.44090 2.42380 2.43380 +0.00315
Entry Signal

MarketClub’s Trade Triangles for PLNNOK

long term down The long-term trend has been DOWN since Jun 4th, 2020 at 2.38305

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2020 at 2.43540

short term up The short-term trend has been UP since Jul 30th, 2020 at 2.43905

Smart Scan Analysis for PLNNOK

Based on our trend formula, PLNNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.43065 2.44090 2.42380 2.43380 +0.00315
Prev. Close Volume Bid Ask Time
2.43065 2.43290 2.43470 2020-08-03 19:48:31
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