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Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2025.
Polish New Zloty/Brazilian Real (FOREX:PLNBRL)
Crossroads (-60) - PLNBRL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for PLNBRL
The long-term trend has been UP since Feb 23rd, 2024 at 1.2558005
The intermediate-term trend has been DOWN since Jan 7th, 2025 at 1.4755138
The short-term trend has been DOWN since Jan 22nd, 2025 at 1.4647223
Smart Scan Analysis for PLNBRL
Based on our trend formula, PLNBRL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4757441 | 1.4870111 | 1.4587686 | 1.4631166 | -0.0126280 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4757441 | 2025-01-22 19:59:55 |