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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Polish New Zloty/South African Rand (FOREX:PLNZAR)

Bull Market Weakness (+75) - PLNZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PLNZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNZAR
Open High Low PLNZAR Price Change
4.43385 4.44305 4.37280 4.38580 -0.04805
Entry Signal

MarketClub’s Trade Triangles for PLNZAR

long term up The long-term trend has been UP since Feb 28th, 2020 at 3.97100

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2020 at 3.79005

short term down The short-term trend has been DOWN since Apr 7th, 2020 at 4.39015

Smart Scan Analysis for PLNZAR

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

+75
Smart Scan Analysis for PLNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.43385 4.44305 4.37280 4.38580 -0.04805
Prev. Close Volume Bid Ask Time
4.43385 4.38360 4.38800 2020-04-07 07:04:38
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