Polish Zloty US Dollar PLN/USD
Polish Zloty US Dollar (PLN/USD) closed up by 0.65% to 3.88 on 23 January 2021 and +2.07% on a weekly basis. Polish Zloty US Dollar (PLN/USD) momentum was last calculated at +50.0/100 indicating positive momentum. Polish Zloty US Dollar (PLN/USD) trend is -50.0/100 indicating a negative trend. Polish Zloty US Dollar (PLN/USD) momentum exhaustion is -0.95302 indicating Polish Zloty US Dollar (PLN/USD) is oversold.Polish Zloty US Dollar (PLN/USD) RSI is 58.1426 .
Polish Zloty US Dollar PLN/USD Chart
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Polish Zloty US Dollar PLN/USD Statistics
MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Polish Zloty US Dollar (PLN/USD). Click here to explore the financial factors monitored and their current signals.
Click here to explore the methodology used for estimating the Polish Zloty US Dollar (PLN/USD) trading signals presented in the Polish Zloty US Dollar (PLN/USD) statistics table.
| Security | Symbol | Last | Momentum | Trend | Oscillator | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| Polish Zloty US Dollar (PLN/USD) | PLNUSD | 3.88 | 0.5 | -0.5 | -0.95302 | 58.1426 | 0.65 | 2.07 | 2.77 | -0.01397 |
Polish Zloty US Dollar (PLN/USD) closed at 3.88 on 23 January 2021. Polish Zloty US Dollar (PLN/USD) trend was last calculated at -50.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Polish Zloty US Dollar (PLN/USD) momentum was last calculated at +50.0/100 (range: -100 to +100) indicating positive momentum. Polish Zloty US Dollar (PLN/USD) momentum exhaustion is -0.95302 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Polish Zloty US Dollar (PLN/USD) is oversold and a possible reversal is imminent. Polish Zloty US Dollar (PLN/USD) RSI was last calculated at 58.1426. Polish Zloty US Dollar (PLN/USD) moving averages were last recorded as follows: 1-month moving average: 3.68112 in an uptrend , 1-quarter moving average: 3.77078 in a downtrend and 1-year moving average: 3.90013 in a downtrend. Polish Zloty US Dollar (PLN/USD) annual return was last recorded at None%, daily return was last recorded at 0.65%, and weekly return was last recorded at 2.07%. Polish Zloty US Dollar (PLN/USD) histrorical 20-day volatility was last recorded at 7.91539%, Polish Zloty US Dollar (PLN/USD) alpha None, Polish Zloty US Dollar (PLN/USD) beta None and Polish Zloty US Dollar (PLN/USD) maximum drawdown was recorded at None%. MacroVar models monitor Polish Zloty US Dollar (PLN/USD) statistics based on historical data since 1970.
Polish Zloty US Dollar PLN/USD News
Polish Zloty US Dollar (PLN/USD) Factors
Polish Zloty US Dollar (PLN/USD)
| Factor | Symbol | Last Value | Predicted Value | R2 | MacroVar Signal |
|---|---|---|---|---|---|
| Poland PMI vs FX | PL.FACT.FXPMI | 3.6831 | 47.3683 | -1.52262 | |
| Poland ESI vs FX | PL.FACT.FXESI | 3.9527 | 110.176 | 1.7371 |
Polish Zloty US Dollar (PLN/USD) related Indicators
Polish Zloty US Dollar (PLN/USD)
| Security | Type | Symbol | Last | Momentum | Trend | Oscillator | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|---|
| POLISH ZLOTY Implied Volatility | FX Implied Volatility | PLNUSD.IV | 8.26 | 0 | 0.25 | 0.48234 | 48.1927 | -0.48 | -4.84 | -11.66 | 0.86735 |
| EURO / POLISH ZLOTY Implied Volatility | FX Implied Volatility | EURPLNIV | 5.18 | -0.5 | 0.25 | 0.39179 | 48.6419 | -3.54 | -5.99 | -13.38 | 0.8877 |
| Poland PMI vs FX | FX vs PMI Factor | PL.FACT.FXPMI | 3.6831 | ||||||||
| Poland ESI vs FX | FX vs ESI Factor | PL.FACT.FXESI | 3.9527 |
Poland Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| WIG Index | WIG | 67093.9 | 1 | 0.75 | 1.48083 | 65.6529 | -0.8 | 0.54 | 12.33 | -0.02163 |
| Poland ETF | EPOL | 21.53 | 1 | 0.75 | 1.23658 | 63.1985 | -0.92 | -1.42 | 9.62 | -0.07005 |
| Polish Zloty US Dollar (PLN/USD) | PLNUSD | 3.88 | 0.5 | -0.5 | -0.95302 | 58.1426 | 0.65 | 2.07 | 2.77 | -0.01397 |
| Poland 10-Year Bond Yield | PL.10Y | 1.54 | -1 | -1 | -0.92244 | 40.9961 | -9.73 | -14.59 | -3.27 | -0.41051 |
| Poland 5-Year Bond Yield | PL.5Y | 1.07 | -1 | -1 | -1.03373 | 39.714 | -11.93 | -22.29 | 28.45 | -0.77592 |
| Poland 2-year bond yield | PL.2Y | 0.33 | -0.5 | -0.75 | -0.75129 | 41.4264 | -28.1 | -12.7 | 230 | -0.9866 |
| Poland Yield Curve | PL.YC | 1.22 | 0.5 | -0.25 | 0.71716 | 51.6307 | -2.17 | -14.39 | -18.23 | 0.82389 |
| Poland Credit Default Swaps | CDS.Poland | 45 | -1 | -1 | -1.07824 | 1.58642 | 0 | 0 | -4.26 | -0.12234 |
Poland Economic Indicators
| Indicator | Actual | Previous | M/M% | Y/Y% | Trend | Slope | ZS5Y | Update |
|---|---|---|---|---|---|---|---|---|
| balance of trade | 185 | 1300 | -0.857692 | -0.864568 | -1.0 | -1.0 | 0.466667 | 2021-05-31 |
| banks balance sheet | 2530360 | 2508230 | 0.00882296 | 0.0759019 | 1.0 | 1.0 | 0.683333 | 2021-05-31 |
| building permits | 48673 | 37452 | 0.29961 | 0.311835 | -1.0 | 1.0 | 0.966667 | 2021-05-31 |
| business confidence | -0.6 | -0.3 | 1 | -0.969849 | 1.0 | 1.0 | 0.3 | 2021-06-30 |
| capacity utilization | 78.5 | 77.6 | 0.0115979 | -0.0519324 | -1.0 | -1.0 | 0.216667 | 2020-08-01 |
| capital flows | 1533 | 4001 | -0.616846 | -0.289949 | -1.0 | -1.0 | 0.5 | 2021-05-31 |
| car registrations | 43711 | 41388 | 0.0561274 | 0.22108 | 1.0 | 1.0 | 0.85 | 2021-06-30 |
| cash reserve ratio | 0.5 | 3.5 | -0.857143 | -0.857143 | -1.0 | -1.0 | 0.0166667 | 2020-04-30 |
| central bank balance sheet | 763749 | 734949 | 0.0391864 | 0.185874 | 1.0 | 1.0 | 0.733333 | 2021-05-31 |
| consumer confidence | -14.8 | -14.6 | 0.0136986 | -0.237113 | 1.0 | 1.0 | 0.683333 | 2021-06-30 |
| consumer price index cpi | 192.8 | 192.6 | 0.00103842 | 0.0427258 | 1.0 | 1.0 | 0.95 | 2021-06-30 |
| core inflation rate | 3.5 | 4 | -0.125 | -0.146341 | -1.0 | -1.0 | 0.45 | 2021-06-30 |
| current account | 60 | 1740 | -0.965517 | -0.96144 | -1.0 | -1.0 | 0.3 | 2021-05-31 |
| current account to gdp | 3.6 | 0.5 | 6.2 | -1.53731 | 1.0 | 1.0 | 0 | 2020-01-31 |
| deposit interest rate | 0.5 | 0.5 | 0 | 0 | -1.0 | -1.0 | 0.508333 | 2020-03-31 |
| exports | 22636 | 23384 | -0.0319877 | 0.417408 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| external debt | 361468 | 372028 | -0.028385 | -0.0869253 | 1.0 | -1.0 | 0.0666667 | 2021-01-01 |
| fiscal expenditure | 172129 | 137908 | 0.248144 | -0.0591525 | -1.0 | -1.0 | 0.0833333 | 2021-05-31 |
| foreign direct investment | 209505 | 199790 | 0.0486261 | 0.729845 | 1.0 | 1.0 | 0 | 2018-02-28 |
| foreign exchange reserves | 159406 | 162734 | -0.0204506 | 0.234863 | 1.0 | 1.0 | 0.933333 | 2021-06-30 |
| gdp | 594.16 | 595.86 | -0.00285302 | 0.113472 | 1.0 | 1.0 | 0 | 2020-01-31 |
| Real GDP | 618644 | 555687 | 0.113296 | 0.127115 | 1.0 | 1.0 | 0.166667 | 2020-04-01 |
| gdp growth | 1.1 | 0.9 | 0.222222 | -0.153846 | 1.0 | -1.0 | 0.516667 | 2021-02-01 |
| gdp growth annual | -0.9 | -1.2 | -0.25 | -1.16364 | -1.0 | -1.0 | 0.0833333 | 2021-02-01 |
| gold reserves | 228.66 | 228.7 | -0.000174902 | 1.22065 | 1.0 | 1.0 | 0.966667 | 2020-05-01 |
| government budget | -7 | -0.7 | 9 | 0.944444 | -1.0 | -1.0 | 0 | 2020-01-31 |
| Government budget | 9350 | 9158.4 | 0.0209207 | -1.36126 | 1.0 | 1.0 | 0.233333 | 2021-05-31 |
| government debt | 1122150 | 1131760 | -0.0084912 | 0.0417479 | 1.0 | 1.0 | 0.5 | 2021-04-30 |
| government debt to gdp | 57.5 | 45.6 | 0.260965 | 0.241901 | 1.0 | 1.0 | 0 | 2020-01-31 |
| government revenues | 181479 | 147066 | 0.233997 | 0.155402 | -1.0 | 1.0 | 0.816667 | 2021-05-31 |
| housing index | 141.16 | 138.42 | 0.0197948 | 0.289368 | 1.0 | 1.0 | 0 | 2021-01-01 |
| imports | 22451 | 22084 | 0.0166184 | 0.537319 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| industrial production | 18.4 | 29.8 | -0.38255 | 35.8 | 1.0 | 1.0 | 1 | 2021-06-30 |
| industrial production mom | 1.6 | -0.7 | -3.28571 | -0.841584 | 1.0 | -1.0 | 0.5 | 2021-05-31 |
| inflation cpi | 4.4 | 4.7 | -0.0638298 | 0.333333 | 1.0 | 1.0 | 0.758333 | 2021-06-30 |
| interbank rate | 0.11 | 0.11 | 0 | 0 | -1.0 | -1.0 | 0.508333 | 2021-06-02 |
| interest rate | 0.1 | 0.1 | 0 | 0 | 1.0 | -1.0 | 0.625 | 2021-05-05 |
| long term unemployment rate | 0.9 | 0.6 | 0.5 | -0.181818 | 1.0 | -1.0 | 0.716667 | 2021-01-01 |
| manufacturing pmi | 59.4 | 57.2 | 0.0384615 | 0.258475 | 1.0 | 1.0 | 0.95 | 2021-06-30 |
| money supply m0 | 412315 | 393754 | 0.0471386 | 0.293635 | 1.0 | 1.0 | 0.95 | 2021-05-31 |
| money supply m1 | 1622870 | 1606980 | 0.00988811 | 0.212672 | 1.0 | 1.0 | 0.783333 | 2021-05-31 |
| money supply m2 | 1866430 | 1854360 | 0.00650898 | 0.0898798 | 1.0 | 1.0 | 0.45 | 2021-05-31 |
| money supply m3 | 1871970 | 1859960 | 0.00645713 | 0.0896787 | 1.0 | 1.0 | 0.45 | 2021-05-31 |
| Producer Price Index | 111.7 | 110.8 | 0.00812274 | 0.0668577 | 1.0 | 1.0 | 1 | 2021-05-31 |
| PPI Index | 7 | 6.5 | 0.0769231 | -9.75 | 1.0 | 1.0 | 0.0666667 | 2021-06-30 |
| retail sales MoM | 6.1 | -4.9 | -2.2449 | -0.424528 | 1.0 | -1.0 | 0.7 | 2021-05-31 |
| retail sales | 19.1 | 25.7 | -0.256809 | -3.22093 | 1.0 | 1.0 | 0.0666667 | 2021-05-31 |
| unemployment rate | 6.1 | 6.3 | -0.031746 | 0.0166667 | -1.0 | 1.0 | 0.783333 | 2021-05-31 |
| youth unemployment rate | 13.5 | 12.6 | 0.0714286 | 0.363636 | 1.0 | 1.0 | 0.9 | 2021-05-31 |
| Construction sector | -19.5 | -26.5 | -0.264151 | -0.533493 | 1.0 | 1.0 | 0.133333 | 2021-04-01 |
| Consumer sector | -8.2 | -13.2 | -0.378788 | -0.645022 | 1.0 | 1.0 | 0.516667 | 2021-04-01 |
| Manufacturing sector | -9.2 | -16.8 | -0.452381 | -0.762887 | 1.0 | 1.0 | 0.0333333 | 2021-04-01 |
| Retail sector | -5.5 | -11.7 | -0.529915 | -0.834835 | 1.0 | 1.0 | 0.3 | 2021-04-01 |
| Services sector | -9.2 | -18.6 | -0.505376 | -0.784543 | 1.0 | 1.0 | 0.483333 | 2021-04-01 |
| ESI - Economic Composite | 101.6 | 90.3 | 0.125138 | 0.698997 | 1.0 | 1.0 | 1 | 2021-04-01 |
Polish Zloty US Dollar (PLN/USD) Trading Signals
MacroVar estimates the following signals: Polish Zloty US Dollar (PLN/USD) momentum, Polish Zloty US Dollar (PLN/USD) trend, Polish Zloty US Dollar (PLN/USD) oscillator, Polish Zloty US Dollar (PLN/USD) RSI and Polish Zloty US Dollar (PLN/USD) returns.
Polish Zloty US Dollar (PLN/USD) Momentum
Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.MacroVarPolish Zloty US Dollar (PLN/USD) momentum signal ranges from -100 to +100. The Polish Zloty US Dollar (PLN/USD) momentum signal is derived as the mean value from 4 calculations for the Polish Zloty US Dollar (PLN/USD). The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Polish Zloty US Dollar (PLN/USD) return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Polish Zloty US Dollar PLN/USD momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Polish Zloty US Dollar (PLN/USD) momentum signal moves from positive to negative value or vice-versa.
Polish Zloty US Dollar (PLN/USD) trend
Polish Zloty US Dollar (PLN/USD) trend signal ranges from -100 to +100. Polish Zloty US Dollar (PLN/USD) trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)For each timeframe, the following calculations are performed: 1. Polish Zloty US Dollar (PLN/USD) Closing price vs Polish Zloty US Dollar (PLN/USD) moving average (MA) calculation: If Polish Zloty US Dollar (PLN/USD) is greater than Polish Zloty US Dollar (PLN/USD) MA value is +1, else -1, 2. Polish Zloty US Dollar (PLN/USD) Moving average slope calculation: if current Polish Zloty US Dollar (PLN/USD) moving average is higher than the previous MA, Polish Zloty US Dollar (PLN/USD) upward slope +1, else -1
Polish Zloty US Dollar (PLN/USD) trend model can be used as a trend strength indicator. Polish Zloty US Dollar (PLN/USD) trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Polish Zloty US Dollar (PLN/USD) trend strength indicator moves from positive to negative value or vice-versa.
The most important trend indicator
The Polish Zloty US Dollar (PLN/USD) 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Polish Zloty US Dollar (PLN/USD) is in an uptrend when Polish Zloty US Dollar (PLN/USD) price is higher than the 52-week moving average and the Polish Zloty US Dollar (PLN/USD) 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Polish Zloty US Dollar (PLN/USD) oscillator and Polish Zloty US Dollar (PLN/USD) RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.
Polish Zloty US Dollar (PLN/USD) oscillator
The Polish Zloty US Dollar (PLN/USD) oscillator estimated by MacroVar is the z-score of the current Polish Zloty US Dollar (PLN/USD) price versus Polish Zloty US Dollar (PLN/USD) 1-year simple moving average price. The formula for the Polish Zloty US Dollar (PLN/USD) oscillator is:Polish Zloty US Dollar (PLN/USD) oscillator = (Current Price – 250 trading days Polish Zloty US Dollar (PLN/USD) simple moving average price) / (250 days Polish Zloty US Dollar (PLN/USD) price standard deviation)
Polish Zloty US Dollar (PLN/USD) oversold conditions
Polish Zloty US Dollar (PLN/USD) is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Polish Zloty US Dollar (PLN/USD) is oversold it is often due for a rebound. Values of the Polish Zloty US Dollar (PLN/USD) oscillator lower than -2.5 signify oversold conditions. It must be noted that the Polish Zloty US Dollar (PLN/USD) oscillator must be analyzed ibn conjunction with the rest of Polish Zloty US Dollar (PLN/USD) quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Polish Zloty US Dollar (PLN/USD) RSI.
Polish Zloty US Dollar (PLN/USD) overbought conditions
Polish Zloty US Dollar (PLN/USD) is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Polish Zloty US Dollar (PLN/USD) is overbought it is often due for a correction. Values of the Polish Zloty US Dollar (PLN/USD) oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Polish Zloty US Dollar (PLN/USD) quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.
Polish Zloty US Dollar (PLN/USD) RSI indicator
The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.During normal trend market conditions and when Polish Zloty US Dollar (PLN/USD) is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Polish Zloty US Dollar (PLN/USD) uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.
Polish Zloty US Dollar (PLN/USD) returns
MacroVar calculates Polish Zloty US Dollar (PLN/USD) returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:Polish Zloty US Dollar (PLN/USD) returns = (Polish Zloty US Dollar (PLN/USD) Closing Price – Polish Zloty US Dollar (PLN/USD) Previous Price)/(Polish Zloty US Dollar (PLN/USD) Previous Price)