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Forex Trend Analysis Report

Prepared for you on Thursday, July 16, 2020.

New Zealand Dollar/Polish New Zloty (FOREX:NZDPLN)

Sidelines Mode (+55) - NZDPLN 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 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.

FOREX_NZDPLN
Open High Low NZDPLN Price Change
2.584320 2.585750 2.570350 2.570425 -0.013895
Entry Signal

MarketClub’s Trade Triangles for NZDPLN

long term up The long-term trend has been UP since Apr 28th, 2020 at 2.556115

intermediate term up The intermediate-term trend has been UP since Jun 7th, 2020 at 2.559400

short term down The short-term trend has been DOWN since Jul 12th, 2020 at 2.590395

Smart Scan Analysis for NZDPLN

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

+55
Smart Scan Analysis for NZDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.584320 2.585750 2.570350 2.570425 -0.013895
Prev. Close Volume Bid Ask Time
2.584320 2.569580 2.571270 2020-07-16 10:56:18
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