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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.

FOREX_PLNEUR
Open High Low PLNEUR Price Change
0.218075 0.220100 0.217945 0.219255 +0.001180
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 down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 0.23467500

short term up 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).

-85
Smart Scan Analysis for PLNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.218075 0.220100 0.217945 0.219255 +0.001180
Prev. Close Volume Bid Ask Time
0.218075 0.219160 0.219350 2020-04-06 15:08:55
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