Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
Polish New Zloty/Brazilian Real (FOREX:PLNBRL)
Countertrend Down (-85) - PLNBRL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for PLNBRL
The long-term trend has been DOWN since Sep 6th, 2023 at 1.1655145
The intermediate-term trend has been DOWN since Sep 6th, 2023 at 1.1745240
The short-term trend has been UP since Sep 21st, 2023 at 1.1299627
Smart Scan Analysis for PLNBRL
Based on our trend formula, PLNBRL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1414979 | 1.1463856 | 1.1384308 | 1.1411436 | -0.0003540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1414979 | 2023-09-25 17:00:26 |