Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
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.
MarketClub’s Trade Triangles for GBPPLN
The long-term trend has been UP since Aug 10th, 2021 at 5.412685
The intermediate-term trend has been UP since Nov 16th, 2021 at 5.496190
The short-term trend has been DOWN since Nov 24th, 2021 at 5.575430
Smart Scan Analysis for GBPPLN
Based on our trend formula, GBPPLN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).