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Forex Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
New Zealand Dollar/Polish New Zloty (FOREX:NZDPLN)
Bull Market Weakness (+75) - NZDPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDPLN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NZDPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDPLN.
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 NZDPLN
The long-term trend has been DOWN since Nov 16th, 2023 at 2.415600
The intermediate-term trend has been UP since Apr 14th, 2024 at 2.397100
The short-term trend has been UP since May 3rd, 2024 at 2.412365
Smart Scan Analysis for NZDPLN
Based on our trend formula, NZDPLN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.406015 | 2.410120 | 2.403120 | 2.406690 | +0.000675 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.406015 | 2024-05-07 08:26:38 |