Forex Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
Polish New Zloty/Czech Koruna (FOREX:PLNCZK)
Bear Market Rally (-75) - PLNCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNCZK as it may be in the beginning of a reversal.
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 DOWN since Oct 29th, 2020 at 5.89890
The intermediate-term trend has been UP since Apr 9th, 2021 at 5.71760
The short-term trend has been DOWN since Apr 20th, 2021 at 5.68565
Smart Scan Analysis for PLNCZK
Based on our trend formula, PLNCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).