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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Polish New Zloty/Australian Dollar (FOREX:PLNAUD)

Sidelines Mode (-55) - PLNAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PLNAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNAUD
Open High Low PLNAUD Price Change
0.382250 0.383530 0.381540 0.382855 +0.000605
Entry Signal

MarketClub’s Trade Triangles for PLNAUD

long term up The long-term trend has been UP since Nov 16th, 2023 at 0.382015

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.382510

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.384255

Smart Scan Analysis for PLNAUD

Based on our trend formula, PLNAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PLNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.382250 0.383530 0.381540 0.382855 +0.000605
Prev. Close Volume Bid Ask Time
0.382250 2024-04-23 16:46:45
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