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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.

FOREX_JPYPLN
Open High Low JPYPLN Price Change
0.03582374 0.03604014 0.03559504 0.03584429 +0.00002100
Entry Signal

MarketClub’s Trade Triangles for JPYPLN

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 0.03571009

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 0.03849592

short term down 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).

-90
Smart Scan Analysis for JPYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03582374 0.03604014 0.03559504 0.03584429 +0.00002100
Prev. Close Volume Bid Ask Time
0.03582374 0.03583621 0.03585238 2020-06-05 21:42:25
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