Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
Polish New Zloty/New Zealand Dollar (FOREX:PLNNZD)
Sidelines Mode (-55) - PLNNZD 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 PLNNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNNZD
The long-term trend has been UP since Jun 8th, 2022 at 0.362925
The intermediate-term trend has been DOWN since Jun 16th, 2022 at 0.353855
The short-term trend has been UP since Aug 17th, 2022 at 0.344160
Smart Scan Analysis for PLNNZD
Based on our trend formula, PLNNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).