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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

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
0.21878061 0.21982000 0.21802000 0.21966500 +0.00088400
Entry Signal

MarketClub’s Trade Triangles for PLNEUR

long term down The long-term trend has been DOWN since Sep 21st, 2020 at 0.22244

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 0.21843

short term down The short-term trend has been DOWN since Apr 20th, 2021 at 0.21944

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
0.21878061 0.21982000 0.21802000 0.21966500 +0.00088400
Prev. Close Volume Bid Ask Time
0.21878061 2021-05-07 16:03:26
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