Forex Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)
Sidelines Mode (+50) - PLNCAD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PLNCAD can gain momentum.
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 Oct 15th, 2020 at 0.339575
The intermediate-term trend has been UP since Jul 19th, 2021 at 0.328185
The short-term trend has been UP since Jul 30th, 2021 at 0.324325
Smart Scan Analysis for PLNCAD
Based on our trend formula, PLNCAD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).