Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 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 Oct 27th, 2020 at 2.610350
The intermediate-term trend has been UP since Dec 27th, 2020 at 2.632300
The short-term trend has been UP since Feb 16th, 2021 at 2.683905
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).