Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Polish New Zloty/US Dollar (FOREX:PLNUSD)
Crossroads (-60) - PLNUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 1st, 2019 at 0.26240204
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 0.25869882
The short-term trend has been DOWN since Feb 13th, 2020 at 0.25534220
Smart Scan Analysis for PLNUSD
Based on our trend formula, PLNUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).