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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Crossroads (+60) - ZARPLN is struggling to move into a solid trend. Beware of choppy markets 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
0.210825 0.211045 0.209780 0.210640 -0.000185
Entry Signal

MarketClub’s Trade Triangles for ZARPLN

long term down The long-term trend has been DOWN since Nov 22nd, 2023 at 0.212230

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 0.211505

short term up The short-term trend has been UP since Mar 20th, 2024 at 0.210815

Smart Scan Analysis for ZARPLN

Based on our trend formula, ZARPLN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ZARPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.210825 0.211045 0.209780 0.210640 -0.000185
Prev. Close Volume Bid Ask Time
0.210825 2024-03-28 18:05:56
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