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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

US Dollar/Polish New Zloty (FOREX:USDPLN)

Bull Market Weakness (+75) - USDPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.

FOREX_USDPLN
Open High Low USDPLN Price Change
4.0236279 4.0507728 4.0170683 4.0345746 +0.0109470
Entry Signal

MarketClub’s Trade Triangles for USDPLN

long term up The long-term trend has been UP since Jan 1st, 2024 at 4.4482180

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 4.0111016

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 4.0438500

Smart Scan Analysis for USDPLN

Based on our trend formula, USDPLN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0236279 4.0507728 4.0170683 4.0345746 +0.0109470
Prev. Close Volume Bid Ask Time
4.0236279 2024-04-26 17:40:00
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