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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
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.
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MarketClub’s Trade Triangles for PLNUSD
The long-term trend has been DOWN since Nov 5th, 2024 at 0.24752016
The intermediate-term trend has been DOWN since Jan 2nd, 2025 at 0.24068032
The short-term trend has been UP since Jan 15th, 2025 at 0.24181130
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24183360 | 0.24476886 | 0.24177061 | 0.24454273 | +0.00270900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24183360 | 2025-01-20 09:41:55 |