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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Polish New Zloty/US Dollar (FOREX:PLNUSD)

Bull Market Weakness (+75) - PLNUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNUSD as it may be in the beginning stages 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
0.25271460 0.25301632 0.25262453 0.25300360 +0.00028900
Entry Signal

MarketClub’s Trade Triangles for PLNUSD

long term down The long-term trend has been DOWN since Mar 16th, 2020 at 0.25073240

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 0.24297642

short term up The short-term trend has been UP since May 26th, 2020 at 0.24287175

Smart Scan Analysis for PLNUSD

Based on our trend formula, PLNUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PLNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25271460 0.25301632 0.25262453 0.25300360 +0.00028900
Prev. Close Volume Bid Ask Time
0.25271460 0.25294612 0.25306109 2020-06-02 01:39:08
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