Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
US Dollar/Polish New Zloty (FOREX:USDPLN)
Weak Uptrend (+65) - USDPLN is showing signs of weakening momentum to the upside. Monitor USDPLN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDPLN
The long-term trend has been UP since Aug 11th, 2021 at 3.914200
The intermediate-term trend has been UP since Sep 19th, 2021 at 3.920250
The short-term trend has been DOWN since Oct 11th, 2021 at 3.968155
Smart Scan Analysis for USDPLN
Based on our trend formula, USDPLN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).