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Forex Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

Polish New Zloty/US Dollar (FOREX:PLNUSD)

Sidelines Mode (+55) - PLNUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_PLNUSD
Open High Low PLNUSD Price Change
0.25481588 0.25481588 0.25481588 0.25481588 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PLNUSD

long term down The long-term trend has been DOWN since Jan 1st, 2024 at 0.22480913

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 0.25046390

short term down The short-term trend has been DOWN since May 22nd, 2024 at 0.25474316

Smart Scan Analysis for PLNUSD

Based on our trend formula, PLNUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PLNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25481588 0.25481588 0.25481588 0.25481588 0.00000000
Prev. Close Volume Bid Ask Time
0.25481588 2024-05-26 08:46:19
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