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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Polish New Zloty/New Zealand Dollar (FOREX:PLNNZD)

Crossroads (-60) - PLNNZD is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_PLNNZD
Open High Low PLNNZD Price Change
0.413625 0.414795 0.413490 0.414095 +0.000470
Entry Signal

MarketClub’s Trade Triangles for PLNNZD

long term up The long-term trend has been UP since Jul 16th, 2024 at 0.422850

intermediate term down The intermediate-term trend has been DOWN since Aug 27th, 2024 at 0.418640

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.414175

Smart Scan Analysis for PLNNZD

Based on our trend formula, PLNNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PLNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.413625 0.414795 0.413490 0.414095 +0.000470
Prev. Close Volume Bid Ask Time
0.413625 2024-11-20 03:32:35
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