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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Polish New Zloty/US Dollar (FOREX:PLNUSD)

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

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.

FOREX_PLNUSD
Open High Low PLNUSD Price Change
0.25086500 0.25088941 0.24969598 0.24998959 -0.00087500
Entry Signal

MarketClub’s Trade Triangles for PLNUSD

long term down The long-term trend has been DOWN since Jan 1st, 2024 at 0.22480913

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.25044399

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 0.25044399

Smart Scan Analysis for PLNUSD

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

-100
Smart Scan Analysis for PLNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25086500 0.25088941 0.24969598 0.24998959 -0.00087500
Prev. Close Volume Bid Ask Time
0.25086500 2024-03-28 04:42:57
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