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Forex Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
US Dollar/Polish New Zloty (FOREX:USDPLN)
Sidelines Mode (-55) - USDPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for USDPLN
The long-term trend has been UP since Aug 11th, 2021 at 3.9142000
The intermediate-term trend has been DOWN since Dec 29th, 2021 at 4.0505722
The short-term trend has been UP since Jan 18th, 2022 at 3.9821942
Smart Scan Analysis for USDPLN
Based on our trend formula, USDPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.9837105 | 4.0057497 | 3.9712616 | 3.9997967 | +0.0160860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.9837105 | 2022-01-20 18:12:27 |