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Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Polish New Zloty/Danish Krone (FOREX:PLNDKK)
Long-Term Downtrend (-90) - PLNDKK is in a strong downtrend that is likely to continue. While PLNDKK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for PLNDKK
The long-term trend has been DOWN since Sep 20th, 2021 at 1.61600
The intermediate-term trend has been DOWN since Sep 17th, 2021 at 1.62015
The short-term trend has been DOWN since Oct 18th, 2021 at 1.62375
Smart Scan Analysis for PLNDKK
Based on our trend formula, PLNDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.60930 | 1.61005 | 1.60635 | 1.60895 | -0.00035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.60930 | 2021-10-28 07:13:57 |