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Forex Trend Analysis Report

Prepared for you on Tuesday, October 27, 2020.

Polish New Zloty/Czech Koruna (FOREX:PLNCZK)

Countertrend Up (+85) - PLNCZK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid PLNCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNCZK
Open High Low PLNCZK Price Change
5.95620 5.96255 5.95545 5.96075 +0.00455
Entry Signal

MarketClub’s Trade Triangles for PLNCZK

long term up The long-term trend has been UP since Oct 8th, 2020 at 6.05250

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2020 at 6.05250

short term up The short-term trend has been UP since Oct 26th, 2020 at 5.96765

Smart Scan Analysis for PLNCZK

Based on our trend formula, PLNCZK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for PLNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.95620 5.96255 5.95545 5.96075 +0.00455
Prev. Close Volume Bid Ask Time
5.95620 2020-10-27 02:21:37
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