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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 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.
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MarketClub’s Trade Triangles for PLNSEK
The long-term trend has been DOWN since Oct 2nd, 2024 at 2.63005
The intermediate-term trend has been UP since Oct 30th, 2024 at 2.66005
The short-term trend has been DOWN since Nov 21st, 2024 at 2.66745
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.67975 | 2.68130 | 2.66220 | 2.67275 | -0.00700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.67975 | 2024-11-21 07:44:24 |