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.
MarketClub’s Trade Triangles for PLNCZK
The long-term trend has been UP since Oct 8th, 2020 at 6.05250
The intermediate-term trend has been UP since Oct 8th, 2020 at 6.05250
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).