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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

South African Rand/Polish New Zloty (FOREX:ZARPLN)

Sidelines Mode (-55) - ZARPLN 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 ZARPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARPLN
Open High Low ZARPLN Price Change
0.226630 0.226785 0.225995 0.226370 -0.000260
Entry Signal

MarketClub’s Trade Triangles for ZARPLN

long term up The long-term trend has been UP since Jun 13th, 2024 at 0.218505

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2024 at 0.224775

short term up The short-term trend has been UP since Nov 18th, 2024 at 0.226415

Smart Scan Analysis for ZARPLN

Based on our trend formula, ZARPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ZARPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.226630 0.226785 0.225995 0.226370 -0.000260
Prev. Close Volume Bid Ask Time
0.226630 2024-11-20 03:32:32
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