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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Australian Dollar/Polish New Zloty (FOREX:AUDPLN)

Sidelines Mode (-55) - AUDPLN 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 AUDPLN?

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

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

FOREX_AUDPLN
Open High Low AUDPLN Price Change
2.615820 2.620985 2.607365 2.609515 -0.006305
Entry Signal

MarketClub’s Trade Triangles for AUDPLN

long term down The long-term trend has been DOWN since Nov 16th, 2023 at 2.61777

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2024 at 2.61430

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 2.60246

Smart Scan Analysis for AUDPLN

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

-55
Smart Scan Analysis for AUDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.615820 2.620985 2.607365 2.609515 -0.006305
Prev. Close Volume Bid Ask Time
2.615820 2024-04-23 09:07:05
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