Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)

Countertrend Up (+85) - PLNNOK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

Open	High	Low	PLNNOK Price	Change
2.70185	2.71405	2.69885	2.70740	+0.00555
Entry Signal

MarketClub’s Trade Triangles for PLNNOK

The long-term trend has been UP since Oct 23rd, 2023 at 2.64900

The intermediate-term trend has been UP since Oct 4th, 2023 at 2.50105

The short-term trend has been DOWN since Dec 8th, 2023 at 2.69980

Smart Scan Analysis for PLNNOK

Based on our trend formula, PLNNOK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
2.70185	2.71405	2.69885	2.70740	+0.00555
Prev. Close	Volume	Bid	Ask	Time
2.70185				2023-12-08 17:06:55

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