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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.

FOREX_PLNNZD
Open High Low PLNNZD Price Change
0.392835 0.393320 0.391600 0.391890 -0.000945
Entry Signal

MarketClub’s Trade Triangles for PLNNZD

long term up The long-term trend has been UP since Oct 2nd, 2022 at 0.361035

intermediate term up The intermediate-term trend has been UP since May 24th, 2023 at 0.390025

short term up 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).

+90
Smart Scan Analysis for PLNNZD
Strong Downtrend Sideways 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
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