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.
MarketClub’s Trade Triangles for NZDPLN
The long-term trend has been UP since Apr 28th, 2020 at 2.556115
The intermediate-term trend has been DOWN since May 17th, 2020 at 2.502095
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).