Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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 Apr 13th, 2020 at 0.375555
The intermediate-term trend has been DOWN since Mar 25th, 2020 at 0.389975
The short-term trend has been UP since May 21st, 2020 at 0.368965
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).