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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.

FOREX_PLNNZD
Open High Low PLNNZD Price Change
0.344925 0.345225 0.341615 0.341755 -0.003170
Entry Signal

MarketClub’s Trade Triangles for PLNNZD

long term up The long-term trend has been UP since Jun 8th, 2022 at 0.362925

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2022 at 0.353855

short term up 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).

-55
Smart Scan Analysis for PLNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.344925 0.345225 0.341615 0.341755 -0.003170
Prev. Close Volume Bid Ask Time
0.344925 2022-08-18 07:53:16
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