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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
US Dollar/Polish New Zloty (FOREX:USDPLN)
Countertrend Up (+85) - USDPLN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid USDPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPLN.
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 USDPLN
The long-term trend has been UP since Jan 1st, 2024 at 4.4482180
The intermediate-term trend has been UP since Apr 12th, 2024 at 4.0111016
The short-term trend has been DOWN since Apr 19th, 2024 at 4.0438500
Smart Scan Analysis for USDPLN
Based on our trend formula, USDPLN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0247895 | 4.0434172 | 4.0230227 | 4.0416339 | +0.0168440 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0247895 | 2024-04-24 05:27:00 |