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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Polish New Zloty/US Dollar (FOREX:PLNUSD)

Crossroads (+60) - PLNUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_PLNUSD
Open High Low PLNUSD Price Change
0.25381512 0.25434048 0.25327372 0.25366636 -0.00014900
Entry Signal

MarketClub’s Trade Triangles for PLNUSD

long term down The long-term trend has been DOWN since Aug 11th, 2021 at 0.25545578

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 0.25507422

short term up The short-term trend has been UP since Oct 19th, 2021 at 0.25457515

Smart Scan Analysis for PLNUSD

Based on our trend formula, PLNUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PLNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25381512 0.25434048 0.25327372 0.25366636 -0.00014900
Prev. Close Volume Bid Ask Time
0.25381512 2021-10-20 05:21:45
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