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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)

Crossroads (-60) - PLNNOK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
2.50780 2.52610 2.44805 2.49440 -0.01340
Entry Signal

MarketClub’s Trade Triangles for PLNNOK

long term up The long-term trend has been UP since Jun 6th, 2019 at 2.29785

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2020 at 2.47050

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 2.53840

Smart Scan Analysis for PLNNOK

Based on our trend formula, PLNNOK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.50780 2.52610 2.44805 2.49440 -0.01340
Prev. Close Volume Bid Ask Time
2.50780 2.49220 2.49660 2020-04-01 14:36:33
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