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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

US Dollar/Polish New Zloty (FOREX:USDPLN)

Strong Downtrend (-100) - USDPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDPLN continues to fall. Traders should use caution and set stops.

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.

FOREX_USDPLN
Open High Low USDPLN Price Change
4.2963711 4.2992000 4.2944943 4.2952647 -0.0011060
Entry Signal

MarketClub’s Trade Triangles for USDPLN

long term down The long-term trend has been DOWN since Nov 15th, 2022 at 4.5087395

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2023 at 4.3670507

short term down The short-term trend has been DOWN since Mar 19th, 2023 at 4.3735447

Smart Scan Analysis for USDPLN

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

-100
Smart Scan Analysis for USDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2963711 4.2992000 4.2944943 4.2952647 -0.0011060
Prev. Close Volume Bid Ask Time
4.2963711 2023-03-23 01:15:56
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