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Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Polish New Zloty/US Dollar (FOREX:PLNUSD)
Strong Downtrend (-100) - PLNUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PLNUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PLNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PLNUSD
The long-term trend has been DOWN since Jan 1st, 2024 at 0.22480913
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.24930808
The short-term trend has been DOWN since Apr 30th, 2024 at 0.24684869
Smart Scan Analysis for PLNUSD
Based on our trend formula, PLNUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24599626 | 0.24839511 | 0.24542288 | 0.24705399 | +0.00105800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24599626 | 2024-05-01 17:56:27 |