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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Australian Dollar/Polish New Zloty (FOREX:AUDPLN)

Countertrend Down (-85) - AUDPLN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
2.597700 2.601340 2.589585 2.590885 -0.006815
Entry Signal

MarketClub’s Trade Triangles for AUDPLN

long term down The long-term trend has been DOWN since Nov 16th, 2023 at 2.617770

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2024 at 2.652000

short term up The short-term trend has been UP since Mar 18th, 2024 at 2.600585

Smart Scan Analysis for AUDPLN

Based on our trend formula, AUDPLN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for AUDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.597700 2.601340 2.589585 2.590885 -0.006815
Prev. Close Volume Bid Ask Time
2.597700 2024-03-19 05:50:21
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