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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)

Crossroads (-60) - PLNNOK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_PLNNOK
Open High Low PLNNOK Price Change
2.72610 2.72825 2.71810 2.72690 +0.00080
Entry Signal

MarketClub’s Trade Triangles for PLNNOK

long term up The long-term trend has been UP since Jul 11th, 2024 at 2.74865

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2024 at 2.72650

short term down The short-term trend has been DOWN since Oct 18th, 2024 at 2.73835

Smart Scan Analysis for PLNNOK

Based on our trend formula, PLNNOK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.72610 2.72825 2.71810 2.72690 +0.00080
Prev. Close Volume Bid Ask Time
2.72610 2024-10-25 17:06:03
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