Forex Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)
Bear Market Rally (-75) - PLNCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNCAD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PLNCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNCAD
The long-term trend has been DOWN since Sep 7th, 2023 at 0.317760
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 0.327105
The short-term trend has been UP since Sep 20th, 2023 at 0.311045
Smart Scan Analysis for PLNCAD
Based on our trend formula, PLNCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).