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Forex Trend Analysis Report

Prepared for you on Sunday, November 24, 2024.

Polish New Zloty/Brazilian Real (FOREX:PLNBRL)

Weak Downtrend (-65) - PLNBRL is showing signs of a strengthening downtrend. Monitor PLNBRL as it may be building momentum to the downside.

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

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

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

FOREX_PLNBRL
Open High Low PLNBRL Price Change
1.4030390 1.4066943 1.3890989 1.3938808 -0.0091580
Entry Signal

MarketClub’s Trade Triangles for PLNBRL

long term up The long-term trend has been UP since Feb 23rd, 2024 at 1.2558005

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 1.4084213

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 1.4046505

Smart Scan Analysis for PLNBRL

Based on our trend formula, PLNBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for PLNBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4030390 1.4066943 1.3890989 1.3938808 -0.0091580
Prev. Close Volume Bid Ask Time
1.4030390 2024-11-22 17:06:44
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