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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

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

Long-Term Uptrend (+90) - ZARPLN is in a strong uptrend that is likely to continue. While ZARPLN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.222015 0.222015 0.221745 0.221820 -0.000195
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 up The intermediate-term trend has been UP since Jun 11th, 2024 at 0.217285

short term up The short-term trend has been UP since Jun 9th, 2024 at 0.212155

Smart Scan Analysis for ZARPLN

Based on our trend formula, ZARPLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.222015 0.222015 0.221745 0.221820 -0.000195
Prev. Close Volume Bid Ask Time
0.222015 2024-06-18 01:05:25
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