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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Polish New Zloty/British Pound (FOREX:PLNGBP)
Long-Term Uptrend (+90) - PLNGBP is in a strong uptrend that is likely to continue. While PLNGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid PLNGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNGBP.
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 PLNGBP
The long-term trend has been UP since Oct 17th, 2023 at 0.195955
The intermediate-term trend has been UP since May 8th, 2024 at 0.200270
The short-term trend has been UP since May 3rd, 2024 at 0.198085
Smart Scan Analysis for PLNGBP
Based on our trend formula, PLNGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.200000 | 0.200345 | 0.199925 | 0.200055 | +0.000055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.200000 | 2024-05-09 06:41:22 |