Forex Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
Polish New Zloty/Swedish Krona (FOREX:PLNSEK)
Bear Market Rally (-75) - PLNSEK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNSEK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PLNSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNSEK
The long-term trend has been DOWN since Mar 19th, 2020 at 2.42325
The intermediate-term trend has been UP since Apr 1st, 2021 at 2.22290
The short-term trend has been DOWN since Apr 13th, 2021 at 2.23455
Smart Scan Analysis for PLNSEK
Based on our trend formula, PLNSEK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).