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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Polish New Zloty/US Dollar (FOREX:PLNUSD)
Bull Market Weakness (+75) - PLNUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNUSD.
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 PLNUSD
The long-term trend has been DOWN since Jan 1st, 2024 at 0.22480913
The intermediate-term trend has been UP since May 7th, 2024 at 0.25046390
The short-term trend has been UP since May 3rd, 2024 at 0.24846009
Smart Scan Analysis for PLNUSD
Based on our trend formula, PLNUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24994160 | 0.25170603 | 0.24939003 | 0.25141399 | +0.00147200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24994160 | 2024-05-09 14:55:45 |