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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.

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

MarketClub’s Trade Triangles for PLNNOK

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

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

short term down 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
Smart Scan Analysis for PLNNOK
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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