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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 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.

FOREX_PLNNOK
Open High Low PLNNOK Price Change
2.25465 2.26410 2.24980 2.25400 -0.00065
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 down The intermediate-term trend has been DOWN since Feb 15th, 2021 at 2.26880

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 2.27250

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).

-100
Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.25465 2.26410 2.24980 2.25400 -0.00065
Prev. Close Volume Bid Ask Time
2.25465 2021-03-03 10:03:52
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