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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

Polish New Zloty/Australian Dollar (FOREX:PLNAUD)

Countertrend Up (+85) - PLNAUD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.385010 0.385520 0.383855 0.385410 +0.000400
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 up The intermediate-term trend has been UP since Jan 8th, 2024 at 0.377050

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.383735

Smart Scan Analysis for PLNAUD

Based on our trend formula, PLNAUD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for PLNAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.385010 0.385520 0.383855 0.385410 +0.000400
Prev. Close Volume Bid Ask Time
0.385010 2024-04-12 08:18:48
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