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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Polish New Zloty/US Dollar (FOREX:PLNUSD)

Bear Market Rally (-75) - PLNUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNUSD as it may be in the beginning of a reversal.

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
0.24489771 0.24489771 0.24480867 0.24480867 -0.00008900
Entry Signal

MarketClub’s Trade Triangles for PLNUSD

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.24752016

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 0.24804914

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 0.24540897

Smart Scan Analysis for PLNUSD

Based on our trend formula, PLNUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PLNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24489771 0.24489771 0.24480867 0.24480867 -0.00008900
Prev. Close Volume Bid Ask Time
0.24489771 2024-12-21 06:23:54
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