Forex Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
Polish New Zloty/Australian Dollar (FOREX:PLNAUD)
Bull Market Weakness (+75) - PLNAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLNAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNAUD
The long-term trend has been DOWN since Oct 8th, 2021 at 0.34450
The intermediate-term trend has been UP since Dec 1st, 2021 at 0.34277
The short-term trend has been UP since Jan 28th, 2022 at 0.34783
Smart Scan Analysis for PLNAUD
Based on our trend formula, PLNAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).