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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)

Sidelines Mode (+55) - PLNCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_PLNCAD
Open High Low PLNCAD Price Change
0.338185 0.339585 0.337040 0.339515 +0.001330
Entry Signal

MarketClub’s Trade Triangles for PLNCAD

long term up The long-term trend has been UP since Nov 10th, 2023 at 0.33432

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.33880

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.33984

Smart Scan Analysis for PLNCAD

Based on our trend formula, PLNCAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PLNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.338185 0.339585 0.337040 0.339515 +0.001330
Prev. Close Volume Bid Ask Time
0.338185 2024-04-23 23:07:45
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