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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.
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MarketClub’s Trade Triangles for USDPLN
The long-term trend has been UP since Nov 5th, 2024 at 4.0396742
The intermediate-term trend has been UP since Oct 3rd, 2024 at 3.9106693
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).
| 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 |