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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)
Long-Term Downtrend (-90) - PLNNOK is in a strong downtrend that is likely to continue. While PLNNOK 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 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.
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MarketClub’s Trade Triangles for PLNNOK
The long-term trend has been DOWN since Nov 11th, 2024 at 2.6932
The intermediate-term trend has been DOWN since Sep 23rd, 2024 at 2.7265
The short-term trend has been DOWN since Nov 18th, 2024 at 2.6992
Smart Scan Analysis for PLNNOK
Based on our trend formula, PLNNOK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.68500 | 2.68865 | 2.68445 | 2.68570 | +0.00070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.68500 | 2024-11-20 03:32:07 |