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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Bull Market Weakness (+75) - NZDPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDPLN as it may be in the beginning stages of a reversal.

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
2.417620 2.418495 2.410810 2.418335 +0.000715
Entry Signal

MarketClub’s Trade Triangles for NZDPLN

long term down The long-term trend has been DOWN since Jul 16th, 2024 at 2.364930

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2024 at 2.388675

short term up The short-term trend has been UP since Nov 19th, 2024 at 2.414495

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
2.417620 2.418495 2.410810 2.418335 +0.000715
Prev. Close Volume Bid Ask Time
2.417620 2024-11-20 03:43:36
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