Free Daily Analysis
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.
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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 Jul 27th, 2020 at 2.43540
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).
| 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 |