Market Overview for USDC/Zloty (USDCPLN) as of 2025-11-06

Summary
• Price consolidated between 3.704 and 3.708, showing no clear directional bias.
• Volume dipped to 1,114 in the final 15-minute candle, signaling reduced activity.
• RSI hovered near 50, suggesting equilibrium with no overbought or oversold signals.
• MACD lines crossed near neutral, indicating indecision in short-term momentum.
• Volatility remained low with Bollinger Bands showing minimal contraction.

The 24-hour chart for USDC/Zloty (USDCPLN) shows a tight trading range between 3.704 and 3.708. The market opened at 3.708 on 2025-11-05 at 17:00 ET and closed at 3.705 on 2025-11-06 at 08:00 ET. The highest price was 3.708 and the lowest was 3.704, with total volume of 296,484 and turnover of 1,097,684.5 PLN.

On the 15-minute chart, the price has been range-bound, forming multiple bullish and bearish engulfing patterns but failing to break out decisively. Support appears to be consolidating around 3.704–3.705, while resistance is forming at 3.707–3.708. A key doji formed at 3.706 around 2025-11-05 at 19:45 ET, suggesting indecision at that level.

The 20-period and 50-period moving averages remain closely aligned, indicating a neutral bias. On the daily chart, the 50-period MA is slightly above the 200-period MA, but the trend remains flat. The 50-period MA currently rests near 3.706, which coincides with a strong support/resistance cluster, making it a key level to watch for a breakout.

MACD for the 15-minute chart showed a near-zero crossover around 2025-11-05 at 23:45, with no clear momentum. RSI has remained between 48 and 52 for most of the day, indicating equilibrium with no clear overbought or oversold conditions. Bollinger Bands showed a slight contraction during the late evening hours, suggesting a potential consolidation phase ahead. The price has remained near the mid-band, indicating balanced pressure between buyers and sellers.

Fibonacci retracement levels from the recent 15-minute swing (3.708–3.704) suggest key levels at 3.706 (61.8%) and 3.705 (38.2%). These levels align with current support and resistance, increasing their significance.

Backtest Hypothesis
The MACD (12, 26, 9) strategy is a widely used momentum oscillator for identifying potential entry and exit points in a trade. In this case, the inability to retrieve MACD data for USD/PLN underscores the importance of using the correct ticker symbol or data source. Commonly accepted ticker symbols for this pair include USDPLN, USDPLN=X (Yahoo Finance), or PLNUSD depending on the data provider. Once the correct symbol is confirmed, a full backtest can be run from 2022-01-01 to 2025-11-06 to evaluate the effectiveness of the MACD cross-over strategy. This approach will provide valuable insight into historical performance and potential use in future trading decisions.