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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Long-Term Downtrend (-90) - NZDPLN is in a strong downtrend that is likely to continue. While NZDPLN is showing intraday strength, it remains in the confines of a bearish trend. 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
2.314295 2.317235 2.298110 2.302230 -0.012065
Entry Signal

MarketClub’s Trade Triangles for NZDPLN

long term down The long-term trend has been DOWN since Jul 16th, 2024 at 2.364930

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 2.390540

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 2.303495

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).

-90
Smart Scan Analysis for NZDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.314295 2.317235 2.298110 2.302230 -0.012065
Prev. Close Volume Bid Ask Time
2.314295 2024-12-26 21:41:45
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