Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
New Zealand Dollar/Polish New Zloty (FOREX:NZDPLN)
Strong Downtrend (-100) - NZDPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDPLN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NZDPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDPLN
The long-term trend has been DOWN since Dec 22nd, 2022 at 2.732310
The intermediate-term trend has been DOWN since Mar 21st, 2023 at 2.685950
The short-term trend has been DOWN since Mar 21st, 2023 at 2.727625
Smart Scan Analysis for NZDPLN
Based on our trend formula, NZDPLN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).