Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
South African Rand/Polish New Zloty (FOREX:ZARPLN)
Weak Downtrend (-65) - ZARPLN is showing signs of a strengthening downtrend. Monitor ZARPLN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZARPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARPLN
The long-term trend has been UP since Oct 22nd, 2020 at 0.237255
The intermediate-term trend has been DOWN since Dec 1st, 2020 at 0.241745
The short-term trend has been DOWN since Nov 30th, 2020 at 0.245155
Smart Scan Analysis for ZARPLN
Based on our trend formula, ZARPLN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).