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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

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

Long-Term Downtrend (-90) - PLNNZD is in a strong downtrend that is likely to continue. While PLNNZD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.36534 0.36625 0.36478 0.36584 +0.00050
Entry Signal

MarketClub’s Trade Triangles for PLNNZD

long term down The long-term trend has been DOWN since Oct 27th, 2020 at 0.383505

intermediate term down The intermediate-term trend has been DOWN since Dec 27th, 2020 at 0.380045

short term down The short-term trend has been DOWN since Feb 16th, 2021 at 0.372585

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
0.36534 0.36625 0.36478 0.36584 +0.00050
Prev. Close Volume Bid Ask Time
0.36534 2021-03-03 10:41:01
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