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Forex Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

Polish New Zloty/Danish Krone (FOREX:PLNDKK)

Weak Uptrend (+65) - PLNDKK is showing signs of weakening momentum to the upside. Monitor PLNDKK as it may be in the beginning stages of a reversal.

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

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

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

FOREX_PLNDKK
Open High Low PLNDKK Price Change
1.7391500 1.7418000 1.7309434 1.7309434 -0.0082070
Entry Signal

MarketClub’s Trade Triangles for PLNDKK

long term up The long-term trend has been UP since Mar 11th, 2024 at 1.73655

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 1.72575

short term up The short-term trend has been UP since May 6th, 2024 at 1.72880

Smart Scan Analysis for PLNDKK

Based on our trend formula, PLNDKK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for PLNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7391500 1.7418000 1.7309434 1.7309434 -0.0082070
Prev. Close Volume Bid Ask Time
1.7391500 2024-05-10 23:39:24
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