Forex Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
British Pound/Polish New Zloty (FOREX:GBPPLN)
Weak Downtrend (-65) - GBPPLN is showing signs of a strengthening downtrend. Monitor GBPPLN as it may be building momentum to the downside.
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.
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 DOWN since Oct 10th, 2023 at 5.268385
The short-term trend has been UP since Nov 30th, 2023 at 5.034870
Smart Scan Analysis for GBPPLN
Based on our trend formula, GBPPLN is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).