Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 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
2.607790 2.616950 2.603615 2.610725 +0.002935
Entry Signal

MarketClub’s Trade Triangles for AUDPLN

long term up The long-term trend has been UP since May 2nd, 2024 at 2.653665

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2024 at 2.610100

short term up The short-term trend has been UP since May 29th, 2024 at 2.613335

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
2.607790 2.616950 2.603615 2.610725 +0.002935
Prev. Close Volume Bid Ask Time
2.607790 2024-05-29 10:36:13
Get a free daily analysis and signals for Australian Dollar/Polish New Zloty (AUDPLN) - Request Your Free Report.