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Forex Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
British Pound/Polish New Zloty (FOREX:GBPPLN)
Sidelines Mode (-55) - GBPPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Nov 25th, 2024 at 5.155295
The short-term trend has been UP since Nov 29th, 2024 at 5.183855
Smart Scan Analysis for GBPPLN
Based on our trend formula, GBPPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.185955 | 5.194660 | 5.174190 | 5.178015 | -0.007940 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.185955 | 2024-12-02 09:34:21 |