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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)

Weak Downtrend (-65) - PLNNOK is showing signs of a strengthening downtrend. Monitor PLNNOK as it may be building momentum to the downside.

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
2.19330 2.19815 2.18385 2.19460 +0.00130
Entry Signal

MarketClub’s Trade Triangles for PLNNOK

long term down The long-term trend has been DOWN since Jun 4th, 2020 at 2.38305

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 2.22420

short term down The short-term trend has been DOWN since Apr 13th, 2021 at 2.21765

Smart Scan Analysis for PLNNOK

Based on our trend formula, PLNNOK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.19330 2.19815 2.18385 2.19460 +0.00130
Prev. Close Volume Bid Ask Time
2.19330 2021-05-07 17:13:29
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