Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
Polish New Zloty/New Zealand Dollar (FOREX:PLNNZD)
Long-Term Uptrend (+90) - PLNNZD is in a strong uptrend that is likely to continue. While PLNNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Oct 2nd, 2022 at 0.361035
The intermediate-term trend has been UP since May 24th, 2023 at 0.390025
The short-term trend has been UP since May 23rd, 2023 at 0.382875
Smart Scan Analysis for PLNNZD
Based on our trend formula, PLNNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.392835 | 0.393320 | 0.391600 | 0.391890 | -0.000945 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.392835 | 2023-06-01 06:06:17 |