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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Polish New Zloty/Swedish Krona (FOREX:PLNSEK)

Sidelines Mode (+55) - PLNSEK 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 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
2.71715 2.71980 2.70235 2.70550 -0.01165
Entry Signal

MarketClub’s Trade Triangles for PLNSEK

long term up The long-term trend has been UP since Dec 3rd, 2023 at 2.67335

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 2.71890

short term down The short-term trend has been DOWN since May 21st, 2024 at 2.72445

Smart Scan Analysis for PLNSEK

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

+55
Smart Scan Analysis for PLNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.71715 2.71980 2.70235 2.70550 -0.01165
Prev. Close Volume Bid Ask Time
2.71715 2024-05-27 15:26:46
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