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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

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
5.029270 5.040445 5.025380 5.032885 +0.003615
Entry Signal

MarketClub’s Trade Triangles for GBPPLN

long term up The long-term trend has been UP since Sep 28th, 2020 at 5.017145

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 4.981625

short term up The short-term trend has been UP since Nov 17th, 2020 at 5.016480

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).

+75
Smart Scan Analysis for GBPPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.029270 5.040445 5.025380 5.032885 +0.003615
Prev. Close Volume Bid Ask Time
5.029270 2020-11-24 04:47:09
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