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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

British Pound/Polish New Zloty (FOREX:GBPPLN)

Countertrend Up (+85) - GBPPLN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_GBPPLN
Open High Low GBPPLN Price Change
5.148500 5.157785 5.116945 5.135255 -0.013245
Entry Signal

MarketClub’s Trade Triangles for GBPPLN

long term up The long-term trend has been UP since Jun 10th, 2024 at 5.12018

intermediate term up The intermediate-term trend has been UP since Jun 4th, 2024 at 5.04719

short term down The short-term trend has been DOWN since Jun 18th, 2024 at 5.14351

Smart Scan Analysis for GBPPLN

Based on our trend formula, GBPPLN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.148500 5.157785 5.116945 5.135255 -0.013245
Prev. Close Volume Bid Ask Time
5.148500 2024-06-18 18:28:36
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