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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Japanese Yen/Polish New Zloty (FOREX:JPYPLN)

Sidelines Mode (-55) - JPYPLN 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 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
0.03317088 0.03321349 0.03294783 0.03299693 -0.00017400
Entry Signal

MarketClub’s Trade Triangles for JPYPLN

long term down The long-term trend has been DOWN since Oct 21st, 2022 at 0.03227485

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2023 at 0.03331317

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 0.03297449

Smart Scan Analysis for JPYPLN

Based on our trend formula, JPYPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03317088 0.03321349 0.03294783 0.03299693 -0.00017400
Prev. Close Volume Bid Ask Time
0.03317088 2023-03-28 07:52:06
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