Forex Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)
Bull Market Weakness (+75) - PLNNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNNOK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLNNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNNOK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNNOK
The long-term trend has been DOWN since Sep 15th, 2021 at 2.22410
The intermediate-term trend has been UP since Jan 10th, 2022 at 2.21590
The short-term trend has been UP since Jan 21st, 2022 at 2.21165
Smart Scan Analysis for PLNNOK
Based on our trend formula, PLNNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).