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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Hong Kong Dollar/Polish New Zloty (FOREX:HKDPLN)

Countertrend Up (+85) - HKDPLN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HKDPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDPLN
Open High Low HKDPLN Price Change
0.52247000 0.52325546 0.51536500 0.51650811 -0.00596200
Entry Signal

MarketClub’s Trade Triangles for HKDPLN

long term up The long-term trend has been UP since Jan 1st, 2024 at 0.5680022

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 0.5124000

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 0.5164550

Smart Scan Analysis for HKDPLN

Based on our trend formula, HKDPLN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HKDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.52247000 0.52325546 0.51536500 0.51650811 -0.00596200
Prev. Close Volume Bid Ask Time
0.52247000 2024-04-19 20:11:58
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