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"currently planning" is a correct and usable phrase in written English.
You can use it when expressing that you are in the midst of an activity that is necessary to achieve a specific goal or result. For example, "We are currently planning a trip to Europe for the summer".
Exact(60)
Osborne is currently planning Wednesday's 2014 Budget.
"We are not currently planning any role in that conflict," the spokesman, Maj.
None of my immediate family is currently planning a trip – always a selfish reason for concentrating.
Hu is currently planning to have her first child; she hopes someday to have two.
(Both the Manchester International Festival and Edinburgh's Theatre Workshop are currently planning Iranian seasons).
Universal are currently planning an Americanised remake of the 1949 classic Kind Hearts and Coronets.
She's currently planning a solo trip to the west coast of Australia.
The school are currently planning to go ahead with the project, funding it using existing budgets.
Nevertheless, Bay is currently planning a fourth film for release in 2014.
NASA is currently planning to phase out the shuttle and phase in the CEV.
Transport for London (TfL) is currently planning an emergency service should the strike go ahead.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com