Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South African Rand/Polish New Zloty (FOREX:ZARPLN)
Bull Market Weakness (+75) - ZARPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARPLN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARPLN.
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 ZARPLN
The long-term trend has been UP since Apr 16th, 2024 at 0.215695
The intermediate-term trend has been UP since Apr 29th, 2024 at 0.216385
The short-term trend has been DOWN since May 6th, 2024 at 0.216440
Smart Scan Analysis for ZARPLN
Based on our trend formula, ZARPLN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.215400 | 0.216320 | 0.215115 | 0.215890 | +0.000490 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.215400 | 2024-05-09 08:10:55 |