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Forex Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
Polish New Zloty/US Dollar (FOREX:PLNUSD)
Long-Term Downtrend (-90) - PLNUSD is in a strong downtrend that is likely to continue. While PLNUSD 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 PLNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PLNUSD
The long-term trend has been DOWN since Feb 24th, 2022 at 0.23805073
The intermediate-term trend has been DOWN since Jun 12th, 2022 at 0.22748340
The short-term trend has been DOWN since Jun 29th, 2022 at 0.22372069
Smart Scan Analysis for PLNUSD
Based on our trend formula, PLNUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21362498 | 0.21377321 | 0.21354582 | 0.21360914 | -0.00001600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21362498 | 2022-07-07 00:11:37 |