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Forex Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

Polish New Zloty/Brazilian Real (FOREX:PLNBRL)

Strong Uptrend (+100) - PLNBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PLNBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
1.3865187 1.4004587 1.3851673 1.3924900 +0.0059710
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 up The intermediate-term trend has been UP since May 9th, 2024 at 1.2997256

short term up The short-term trend has been UP since Jul 12th, 2024 at 1.3919439

Smart Scan Analysis for PLNBRL

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

+100
Smart Scan Analysis for PLNBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3865187 1.4004587 1.3851673 1.3924900 +0.0059710
Prev. Close Volume Bid Ask Time
1.3865187 2024-07-12 17:02:32
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