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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)

Sidelines Mode (-55) - PLNNOK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
2.77075 2.78110 2.76675 2.77045 -0.00030
Entry Signal

MarketClub’s Trade Triangles for PLNNOK

long term down The long-term trend has been DOWN since Nov 11th, 2024 at 2.69320

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 2.73105

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 2.75725

Smart Scan Analysis for PLNNOK

Based on our trend formula, PLNNOK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.77075 2.78110 2.76675 2.77045 -0.00030
Prev. Close Volume Bid Ask Time
2.77075 2024-12-26 09:26:11
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