Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
New Zealand Dollar/Polish New Zloty (FOREX:NZDPLN)
Sidelines Mode (-50) - NZDPLN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NZDPLN can gain momentum.
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 Dec 23rd, 2019 at 2.545650
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 2.517350
The short-term trend has been DOWN since Feb 19th, 2020 at 2.518275
Smart Scan Analysis for NZDPLN
Based on our trend formula, NZDPLN is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).