Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
POLISH ZLOTY/EURO DECEMBER 2023 (ICE:@PLE.Z23)
Bull Market Weakness (+75) - @PLE.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @PLE.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @PLE.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @PLE.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @PLE.Z23
The long-term trend has been UP since Oct 16th, 2023 at 0.22330
The intermediate-term trend has been UP since Oct 4th, 2023 at 0.21595
The short-term trend has been DOWN since Nov 30th, 2023 at 0.22925
Smart Scan Analysis for @PLE.Z23
Based on our trend formula, @PLE.Z23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.2313||52wk High Date||2023-11-28|
|52wk Low||0.2126||52wk Low Date||2023-09-13|