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Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Polish New Zloty/Danish Krone (FOREX:PLNDKK)

Bull Market Weakness (+75) - PLNDKK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
1.75415 1.75625 1.74655 1.74755 -0.00660
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 up The intermediate-term trend has been UP since May 14th, 2024 at 1.74180

short term down The short-term trend has been DOWN since May 29th, 2024 at 1.74965

Smart Scan Analysis for PLNDKK

Based on our trend formula, PLNDKK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for PLNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.75415 1.75625 1.74655 1.74755 -0.00660
Prev. Close Volume Bid Ask Time
1.75415 2024-05-29 10:43:38
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