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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.

FOREX_PLNSEK
Open High Low PLNSEK Price Change
2.22985 2.23425 2.21955 2.22070 -0.00915
Entry Signal

MarketClub’s Trade Triangles for PLNSEK

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 2.42325

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2021 at 2.22290

short term down 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).

-75
Smart Scan Analysis for PLNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.22985 2.23425 2.21955 2.22070 -0.00915
Prev. Close Volume Bid Ask Time
2.22985 2021-04-21 20:39:10
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