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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Polish New Zloty/US Dollar (FOREX:PLNUSD)
Countertrend Down (-85) - PLNUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Jan 1st, 2024 at 0.22480913
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.24930808
The short-term trend has been UP since Apr 19th, 2024 at 0.24728558
Smart Scan Analysis for PLNUSD
Based on our trend formula, PLNUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24851958 | 0.24893344 | 0.24684869 | 0.24736275 | -0.00115700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24851958 | 2024-04-26 12:28:23 |