Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Polish New Zloty/Qatari Rial (FOREX:PLNQAR)
Bear Market Rally (-75) - PLNQAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNQAR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PLNQAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNQAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNQAR
The long-term trend has been DOWN since Jul 2nd, 2021 at 0.9752322
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 0.9423975
The short-term trend has been UP since Oct 4th, 2021 at 0.9211266
Smart Scan Analysis for PLNQAR
Based on our trend formula, PLNQAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).