Forex Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
Polish New Zloty/Czech Koruna (FOREX:PLNCZK)
Crossroads (+60) - PLNCZK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 May 1st, 2023 at 5.14055
The intermediate-term trend has been DOWN since Aug 15th, 2023 at 5.36530
The short-term trend has been DOWN since Sep 27th, 2023 at 5.27565
Smart Scan Analysis for PLNCZK
Based on our trend formula, PLNCZK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).