Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
Polish New Zloty/South African Rand (FOREX:PLNZAR)
Strong Uptrend (+100) - PLNZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PLNZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for PLNZAR
The long-term trend has been UP since Jul 20th, 2022 at 3.6902
The intermediate-term trend has been UP since Jan 16th, 2023 at 3.9339
The short-term trend has been UP since Mar 28th, 2023 at 4.2265
Smart Scan Analysis for PLNZAR
Based on our trend formula, PLNZAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).