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.
MarketClub’s Trade Triangles for GBPPLN
The long-term trend has been DOWN since Sep 23rd, 2022 at 5.336800
The intermediate-term trend has been UP since Mar 19th, 2023 at 5.388585
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).