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.
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 UP since Jul 21st, 2020 at 0.22550000
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).