Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
New Zealand Dollar/Polish New Zloty (FOREX:NZDPLN)
Long-Term Uptrend (+90) - NZDPLN is in a strong uptrend that is likely to continue. While NZDPLN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for NZDPLN
The long-term trend has been UP since Sep 15th, 2021 at 2.754340
The intermediate-term trend has been UP since Oct 15th, 2021 at 2.784355
The short-term trend has been UP since Oct 14th, 2021 at 2.774630
Smart Scan Analysis for NZDPLN
Based on our trend formula, NZDPLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).