Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
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.
MarketClub’s Trade Triangles for PLNAUD
The long-term trend has been DOWN since Oct 8th, 2021 at 0.34450
The intermediate-term trend has been UP since Dec 1st, 2021 at 0.34277
The short-term trend has been DOWN since Jan 19th, 2022 at 0.34674
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).