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Forex Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

US Dollar/Polish New Zloty (FOREX:USDPLN)

Countertrend Up (+85) - USDPLN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_USDPLN
Open High Low USDPLN Price Change
4.0865900 4.0954341 4.0716000 4.0843094 -0.0022810
Entry Signal

MarketClub’s Trade Triangles for USDPLN

long term up The long-term trend has been UP since Nov 5th, 2024 at 4.0396742

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2024 at 3.9106693

short term up The short-term trend has been UP since Dec 2nd, 2024 at 4.0934723

Smart Scan Analysis for USDPLN

Based on our trend formula, USDPLN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0865900 4.0954341 4.0716000 4.0843094 -0.0022810
Prev. Close Volume Bid Ask Time
4.0865900 2024-12-02 08:29:55
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