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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Japanese Yen/Polish New Zloty (FOREX:JPYPLN)

Bull Market Weakness (+75) - JPYPLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYPLN as it may be in the beginning stages of a reversal.

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
0.02633260 0.02634023 0.02623229 0.02627167 -0.00006100
Entry Signal

MarketClub’s Trade Triangles for JPYPLN

long term down The long-term trend has been DOWN since Feb 20th, 2024 at 0.02660781

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 0.02647299

short term up The short-term trend has been UP since Apr 12th, 2024 at 0.02600858

Smart Scan Analysis for JPYPLN

Based on our trend formula, JPYPLN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for JPYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02633260 0.02634023 0.02623229 0.02627167 -0.00006100
Prev. Close Volume Bid Ask Time
0.02633260 2024-04-18 06:21:14
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