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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

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.

FOREX_PLNNOK
Open High Low PLNNOK Price Change
2.73245 2.73715 2.72960 2.73335 +0.00090
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 up The intermediate-term trend has been UP since Jul 7th, 2024 at 2.67630

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 2.74245

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
Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.73245 2.73715 2.72960 2.73335 +0.00090
Prev. Close Volume Bid Ask Time
2.73245 2024-07-18 06:36:29
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