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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Polish New Zloty/New Zealand Dollar (FOREX:PLNNZD)

Bull Market Weakness (+75) - PLNNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNNZD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PLNNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNNZD
Open High Low PLNNZD Price Change
0.416180 0.417005 0.415865 0.416525 +0.000345
Entry Signal

MarketClub’s Trade Triangles for PLNNZD

long term up The long-term trend has been UP since Nov 14th, 2023 at 0.413970

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2024 at 0.417175

short term up The short-term trend has been UP since May 8th, 2024 at 0.416415

Smart Scan Analysis for PLNNZD

Based on our trend formula, PLNNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for PLNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.416180 0.417005 0.415865 0.416525 +0.000345
Prev. Close Volume Bid Ask Time
0.416180 2024-05-09 07:44:05
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