Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

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

Crossroads (+60) - NZDPLN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	NZDPLN Price	Change
2.397010	2.407850	2.395850	2.398435	+0.001425
Entry Signal

MarketClub’s Trade Triangles for NZDPLN

The long-term trend has been DOWN since Nov 16th, 2023 at 2.415600

The intermediate-term trend has been UP since Apr 14th, 2024 at 2.397100

The short-term trend has been UP since Apr 24th, 2024 at 2.401715

Smart Scan Analysis for NZDPLN

Based on our trend formula, NZDPLN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
2.397010	2.407850	2.395850	2.398435	+0.001425
Prev. Close	Volume	Bid	Ask	Time
2.397010				2024-04-26 17:04:44

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