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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Polish New Zloty/Euro (FOREX:PLNEUR)

Sidelines Mode (-55) - PLNEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.23306000 0.23321500 0.23230989 0.23273500 -0.00032500
Entry Signal

MarketClub’s Trade Triangles for PLNEUR

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 0.22867500

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 0.23199729

short term up The short-term trend has been UP since Jun 18th, 2024 at 0.23025000

Smart Scan Analysis for PLNEUR

Based on our trend formula, PLNEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PLNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23306000 0.23321500 0.23230989 0.23273500 -0.00032500
Prev. Close Volume Bid Ask Time
0.23306000 2024-06-25 23:31:19
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