Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)

Bull Market Weakness (+75) - PLNHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNHUF as it may be in the beginning stages of a reversal.

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.

FOREX_PLNHUF
Open High Low PLNHUF Price Change
80.63750 80.68030 80.51872 80.57926 -0.05824
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term up The long-term trend has been UP since Jan 10th, 2020 at 78.55476

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 80.36975

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 80.53134

Smart Scan Analysis for PLNHUF

Based on our trend formula, PLNHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.63750 80.68030 80.51872 80.57926 -0.05824
Prev. Close Volume Bid Ask Time
80.63750 2020-11-27 02:47:34
Get a free daily analysis and signals for Polish New Zloty/Hungarian Forint (PLNHUF) - Request Your Free Report.