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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Crossroads (-60) - PLNZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
4.74345 4.76675 4.73840 4.74755 +0.00410
Entry Signal

MarketClub’s Trade Triangles for PLNZAR

long term up The long-term trend has been UP since Nov 22nd, 2023 at 4.71180

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 4.72805

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 4.74360

Smart Scan Analysis for PLNZAR

Based on our trend formula, PLNZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PLNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.74345 4.76675 4.73840 4.74755 +0.00410
Prev. Close Volume Bid Ask Time
4.74345 2024-03-28 18:05:43
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