Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
US Dollar/Polish New Zloty (FOREX:USDPLN)
Bull Market Weakness (+75) - USDPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDPLN as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for USDPLN
The long-term trend has been DOWN since Dec 9th, 2020 at 3.65726
The intermediate-term trend has been UP since Mar 1st, 2021 at 3.74839
The short-term trend has been UP since Feb 26th, 2021 at 3.73200
Smart Scan Analysis for USDPLN
Based on our trend formula, USDPLN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).