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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Strong Downtrend (-100) - NZDPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDPLN continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_NZDPLN
Open High Low NZDPLN Price Change
2.38835 2.38910 2.37845 2.38060 -0.00775
Entry Signal

MarketClub’s Trade Triangles for NZDPLN

long term down The long-term trend has been DOWN since Nov 16th, 2023 at 2.415600

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2024 at 2.459025

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 2.421935

Smart Scan Analysis for NZDPLN

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

-100
Smart Scan Analysis for NZDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.38835 2.38910 2.37845 2.38060 -0.00775
Prev. Close Volume Bid Ask Time
2.38835 2024-03-29 11:58:24
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