Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Polish New Zloty/South African Rand (FOREX:PLNZAR)

Bear Market Rally (-75) - PLNZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNZAR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid PLNZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNZAR
Open High Low PLNZAR Price Change
3.61295 3.62045 3.55370 3.55750 -0.05545
Entry Signal

MarketClub’s Trade Triangles for PLNZAR

long term down The long-term trend has been DOWN since Feb 23rd, 2022 at 3.70880

intermediate term up The intermediate-term trend has been UP since Jun 29th, 2022 at 3.64885

short term down The short-term trend has been DOWN since Jul 4th, 2022 at 3.61105

Smart Scan Analysis for PLNZAR

Based on our trend formula, PLNZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PLNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.61295 3.62045 3.55370 3.55750 -0.05545
Prev. Close Volume Bid Ask Time
3.61295 2022-07-05 12:04:24
Get a free daily analysis and signals for Polish New Zloty/South African Rand (PLNZAR) - Request Your Free Report.