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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)

Crossroads (+60) - PLNHKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PLNHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNHKD
Open High Low PLNHKD Price Change
2.04280 2.04925 2.03685 2.04235 -0.00045
Entry Signal

MarketClub’s Trade Triangles for PLNHKD

long term down The long-term trend has been DOWN since Mar 2nd, 2021 at 2.05405

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 2.02825

short term up The short-term trend has been UP since Apr 1st, 2021 at 1.97735

Smart Scan Analysis for PLNHKD

Based on our trend formula, PLNHKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PLNHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.04280 2.04925 2.03685 2.04235 -0.00045
Prev. Close Volume Bid Ask Time
2.04280 2021-04-12 11:34:20
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