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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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

Weak Downtrend (-65) - NZDPLN is showing signs of a strengthening downtrend. Monitor NZDPLN as it may be building momentum to the downside.

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
2.485550 2.487785 2.484465 2.485385 -0.000165
Entry Signal

MarketClub’s Trade Triangles for NZDPLN

long term up The long-term trend has been UP since Apr 28th, 2020 at 2.556115

intermediate term down The intermediate-term trend has been DOWN since May 17th, 2020 at 2.502095

short term down The short-term trend has been DOWN since May 25th, 2020 at 2.516890

Smart Scan Analysis for NZDPLN

Based on our trend formula, NZDPLN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NZDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.485550 2.487785 2.484465 2.485385 -0.000165
Prev. Close Volume Bid Ask Time
2.485550 2.484120 2.486650 2020-06-02 01:16:08
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