Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)
Strong Downtrend (-100) - PLNNOK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for PLNNOK
The long-term trend has been DOWN since Sep 15th, 2021 at 2.22410
The intermediate-term trend has been DOWN since Aug 27th, 2021 at 2.25605
The short-term trend has been DOWN since Oct 14th, 2021 at 2.14130
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).