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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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

Weak Downtrend (-65) - PLNZAR is showing signs of a strengthening downtrend. Monitor PLNZAR as it may be building momentum to the downside.

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
4.02165 4.02925 3.96010 3.97740 -0.04425
Entry Signal

MarketClub’s Trade Triangles for PLNZAR

long term down The long-term trend has been DOWN since Oct 22nd, 2020 at 4.21500

intermediate term down The intermediate-term trend has been DOWN since Feb 11th, 2021 at 3.96385

short term up The short-term trend has been UP since Feb 25th, 2021 at 4.02255

Smart Scan Analysis for PLNZAR

Based on our trend formula, PLNZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PLNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.02165 4.02925 3.96010 3.97740 -0.04425
Prev. Close Volume Bid Ask Time
4.02165 2021-03-01 15:19:32
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