Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Polish New Zloty/US Dollar (FOREX:PLNUSD)
Bull Market Weakness (+75) - PLNUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNUSD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for PLNUSD
The long-term trend has been DOWN since Mar 16th, 2020 at 0.25073240
The intermediate-term trend has been UP since May 21st, 2020 at 0.24297642
The short-term trend has been UP since May 26th, 2020 at 0.24287175
Smart Scan Analysis for PLNUSD
Based on our trend formula, PLNUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).