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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Polish New Zloty (FOREX:GBPPLN)
Strong Uptrend (+100) - GBPPLN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPPLN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jun 10th, 2024 at 5.120180
The intermediate-term trend has been UP since Aug 26th, 2024 at 5.058965
The short-term trend has been UP since Nov 19th, 2024 at 5.201250
Smart Scan Analysis for GBPPLN
Based on our trend formula, GBPPLN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.19110 | 5.20441 | 5.18908 | 5.20390 | +0.01280 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.19110 | 2024-11-20 03:35:38 |