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Forex Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

Polish New Zloty/Euro (FOREX:PLNEUR)

Bull Market Weakness (+75) - PLNEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNEUR as it may be in the beginning stages of a reversal.

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.

FOREX_PLNEUR
Open High Low PLNEUR Price Change
0.227390 0.227515 0.226790 0.226920 -0.000470
Entry Signal

MarketClub’s Trade Triangles for PLNEUR

long term down The long-term trend has been DOWN since Mar 16th, 2020 at 0.22594276

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2020 at 0.22550000

short term up The short-term trend has been UP since Aug 11th, 2020 at 0.22744000

Smart Scan Analysis for PLNEUR

Based on our trend formula, PLNEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PLNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.227390 0.227515 0.226790 0.226920 -0.000470
Prev. Close Volume Bid Ask Time
0.227390 0.226810 0.227030 2020-08-11 21:06:05
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