Forex Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)
Countertrend Down (-85) - PLNHKD 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 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.
MarketClub’s Trade Triangles for PLNHKD
The long-term trend has been DOWN since Aug 11th, 2021 at 1.98635
The intermediate-term trend has been DOWN since Sep 17th, 2021 at 1.98735
The short-term trend has been UP since Nov 25th, 2021 at 1.87540
Smart Scan Analysis for PLNHKD
Based on our trend formula, PLNHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).