Forex Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
Australian Dollar/Polish New Zloty (FOREX:AUDPLN)
Bear Market Rally (-75) - AUDPLN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDPLN as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for AUDPLN
The long-term trend has been DOWN since Dec 17th, 2019 at 2.612360
The intermediate-term trend has been UP since Feb 17th, 2020 at 2.643110
The short-term trend has been DOWN since Feb 19th, 2020 at 2.631145
Smart Scan Analysis for AUDPLN
Based on our trend formula, AUDPLN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).