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Forex Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
US Dollar/Polish New Zloty (FOREX:USDPLN)
Sidelines Mode (+55) - USDPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 May 3rd, 2024 at 4.0250687
Smart Scan Analysis for USDPLN
Based on our trend formula, USDPLN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0202348 | 4.0202348 | 4.0202348 | 4.0202348 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0202348 | 2024-05-05 05:01:11 |