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Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
New Zealand Dollar/Polish New Zloty (FOREX:NZDPLN)
Strong Downtrend (-100) - NZDPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDPLN continues to fall. 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.
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MarketClub’s Trade Triangles for NZDPLN
The long-term trend has been DOWN since Jun 8th, 2022 at 2.755435
The intermediate-term trend has been DOWN since Jul 31st, 2022 at 2.870475
The short-term trend has been DOWN since Aug 16th, 2022 at 2.908280
Smart Scan Analysis for NZDPLN
Based on our trend formula, NZDPLN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.932325 | 2.939275 | 2.906130 | 2.906640 | -0.025685 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.932325 | 2022-08-16 20:42:40 |