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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Polish New Zloty/Brazilian Real (FOREX:PLNBRL)
Long-Term Uptrend (+90) - PLNBRL is in a strong uptrend that is likely to continue. While PLNBRL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Dec 6th, 2024 at 1.5028351
The short-term trend has been UP since Dec 24th, 2024 at 1.5134184
Smart Scan Analysis for PLNBRL
Based on our trend formula, PLNBRL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6451983 | 1.6455460 | 1.5156592 | 1.5165685 | -0.1286300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6451983 | 2024-12-26 07:14:58 |