Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Polish New Zloty/US Dollar (FOREX:PLNUSD)
Long-Term Uptrend (+90) - PLNUSD is in a strong uptrend that is likely to continue. While PLNUSD 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 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 UP since Nov 20th, 2023 at 0.24988327
The intermediate-term trend has been UP since Oct 10th, 2023 at 0.23276510
The short-term trend has been UP since Nov 27th, 2023 at 0.25091529
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).