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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

British Pound/Polish New Zloty (FOREX:GBPPLN)

Bull Market Weakness (+75) - GBPPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPPLN as it may be in the beginning stages of a reversal.

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
5.367630 5.398775 5.366205 5.386080 +0.018450
Entry Signal

MarketClub’s Trade Triangles for GBPPLN

long term down The long-term trend has been DOWN since Sep 23rd, 2022 at 5.336800

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2023 at 5.388585

short term up The short-term trend has been UP since Mar 10th, 2023 at 5.292370

Smart Scan Analysis for GBPPLN

Based on our trend formula, GBPPLN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.367630 5.398775 5.366205 5.386080 +0.018450
Prev. Close Volume Bid Ask Time
5.367630 2023-03-20 15:34:51
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