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.
MarketClub’s Trade Triangles for USDPLN
The long-term trend has been DOWN since Nov 15th, 2022 at 4.5087395
The intermediate-term trend has been DOWN since Mar 12th, 2023 at 4.3670507
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).