Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
British Pound/Polish New Zloty (FOREX:GBPPLN)
Crossroads (+60) - GBPPLN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPLN.
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 GBPPLN
The long-term trend has been DOWN since Oct 17th, 2023 at 5.103205
The intermediate-term trend has been UP since Mar 18th, 2024 at 5.063330
The short-term trend has been UP since Mar 15th, 2024 at 5.034515
Smart Scan Analysis for GBPPLN
Based on our trend formula, GBPPLN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
5.057270 | 5.059030 | 5.055840 | 5.056545 | -0.000725 |
Prev. Close | Volume | Bid | Ask | Time |
5.057270 | 2024-03-19 01:10:59 |