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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.

FOREX_NZDPLN
Open High Low NZDPLN Price Change
2.932325 2.939275 2.906130 2.906640 -0.025685
Entry Signal

MarketClub’s Trade Triangles for NZDPLN

long term down The long-term trend has been DOWN since Jun 8th, 2022 at 2.755435

intermediate term down The intermediate-term trend has been DOWN since Jul 31st, 2022 at 2.870475

short term down 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).

-100
Smart Scan Analysis for NZDPLN
Strong Downtrend Sideways 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
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