Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Polish New Zloty/Euro (FOREX:PLNEUR)
Countertrend Down (-85) - PLNEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid PLNEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNEUR
The long-term trend has been DOWN since Mar 16th, 2020 at 0.22594276
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 0.23467500
The short-term trend has been UP since Apr 6th, 2020 at 0.21935500
Smart Scan Analysis for PLNEUR
Based on our trend formula, PLNEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).