Forex Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Hong Kong Dollar/Polish New Zloty (FOREX:HKDPLN)
Strong Downtrend (-100) - HKDPLN 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 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.
MarketClub’s Trade Triangles for HKDPLN
The long-term trend has been DOWN since Jul 20th, 2020 at 0.501705
The intermediate-term trend has been DOWN since May 20th, 2020 at 0.533710
The short-term trend has been DOWN since Aug 5th, 2020 at 0.480000
Smart Scan Analysis for HKDPLN
Based on our trend formula, HKDPLN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).