Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Polish New Zloty/South African Rand (FOREX:PLNZAR)
Countertrend Up (+85) - PLNZAR 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 PLNZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNZAR.
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 PLNZAR
The long-term trend has been UP since Nov 22nd, 2023 at 4.71180
The intermediate-term trend has been UP since Feb 20th, 2024 at 4.75615
The short-term trend has been UP since Mar 18th, 2024 at 4.76410
Smart Scan Analysis for PLNZAR
Based on our trend formula, PLNZAR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.77270 | 4.78100 | 4.76865 | 4.78055 | +0.00785 |
Prev. Close | Volume | Bid | Ask | Time |
4.77270 | 2024-03-19 02:15:38 |