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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

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
0.250770 0.251070 0.248505 0.249625 -0.001145
Entry Signal

MarketClub’s Trade Triangles for ZARPLN

long term up The long-term trend has been UP since Oct 22nd, 2020 at 0.237255

intermediate term up The intermediate-term trend has been UP since Feb 11th, 2021 at 0.252285

short term down The short-term trend has been DOWN since Mar 8th, 2021 at 0.248690

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
0.250770 0.251070 0.248505 0.249625 -0.001145
Prev. Close Volume Bid Ask Time
0.250770 2021-03-08 19:55:04
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