Forex Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
Japanese Yen/Polish New Zloty (FOREX:JPYPLN)
Long-Term Downtrend (-90) - JPYPLN is in a strong downtrend that is likely to continue. While JPYPLN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JPYPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYPLN
The long-term trend has been DOWN since Jun 5th, 2020 at 0.03571009
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.03849592
The short-term trend has been DOWN since May 18th, 2020 at 0.03926513
Smart Scan Analysis for JPYPLN
Based on our trend formula, JPYPLN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).