Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

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.

Open	High	Low	PLNUSD Price	Change
0.25455476	0.25461954	0.25258873	0.25291185	-0.00164300
Entry Signal

MarketClub’s Trade Triangles for PLNUSD

The long-term trend has been DOWN since Aug 11th, 2021 at 0.25545578

The intermediate-term trend has been UP since Oct 19th, 2021 at 0.25507422

The short-term trend has been UP since Oct 19th, 2021 at 0.25457515

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).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.25455476	0.25461954	0.25258873	0.25291185	-0.00164300
Prev. Close	Volume	Bid	Ask	Time
0.25455476				2021-10-21 10:40:32

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