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Forex Trend Analysis Report

Prepared for you on Saturday, December 14, 2024.

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

Sidelines Mode (+55) - PLNHKD 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 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
1.9021 1.9187 1.8999 1.9155 +0.0134
Entry Signal

MarketClub’s Trade Triangles for PLNHKD

long term down The long-term trend has been DOWN since Oct 23rd, 2024 at 1.93260

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 1.92710

short term down The short-term trend has been DOWN since Dec 10th, 2024 at 1.91875

Smart Scan Analysis for PLNHKD

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

+55
Smart Scan Analysis for PLNHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9021 1.9187 1.8999 1.9155 +0.0134
Prev. Close Volume Bid Ask Time
1.9021 2024-12-13 17:06:12
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