Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)
Long-Term Uptrend (+90) - PLNHUF is in a strong uptrend that is likely to continue. While PLNHUF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid PLNHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNHUF
The long-term trend has been UP since Jan 10th, 2020 at 78.55476
The intermediate-term trend has been UP since Mar 26th, 2020 at 79.21200
The short-term trend has been UP since Mar 26th, 2020 at 78.05334
Smart Scan Analysis for PLNHUF
Based on our trend formula, PLNHUF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).