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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/Polish New Zloty (FOREX:USDPLN)

Countertrend Down (-85) - USDPLN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
3.9463500 3.9499585 3.9281375 3.9366920 -0.0096580
Entry Signal

MarketClub’s Trade Triangles for USDPLN

long term down The long-term trend has been DOWN since May 28th, 2024 at 3.9022497

intermediate term down The intermediate-term trend has been DOWN since Jul 3rd, 2024 at 3.9828981

short term up The short-term trend has been UP since Jul 16th, 2024 at 3.9265846

Smart Scan Analysis for USDPLN

Based on our trend formula, USDPLN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for USDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9463500 3.9499585 3.9281375 3.9366920 -0.0096580
Prev. Close Volume Bid Ask Time
3.9463500 2024-07-26 19:51:55
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