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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

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

Countertrend Up (+85) - NZDPLN 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 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
2.614315 2.614490 2.595125 2.610020 -0.004295
Entry Signal

MarketClub’s Trade Triangles for NZDPLN

long term up The long-term trend has been UP since Sep 11th, 2023 at 2.564775

intermediate term up The intermediate-term trend has been UP since Sep 3rd, 2023 at 2.469065

short term down The short-term trend has been DOWN since Oct 2nd, 2023 at 2.610295

Smart Scan Analysis for NZDPLN

Based on our trend formula, NZDPLN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NZDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.614315 2.614490 2.595125 2.610020 -0.004295
Prev. Close Volume Bid Ask Time
2.614315 2023-10-03 12:39:33
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