Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Polish New Zloty/British Pound (FOREX:PLNGBP)

Crossroads (+60) - PLNGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PLNGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	PLNGBP Price	Change
0.19701000	0.19788500	0.19687000	0.19739523	+0.00038500
Entry Signal

MarketClub’s Trade Triangles for PLNGBP

The long-term trend has been DOWN since Jun 10th, 2024 at 0.19532

The intermediate-term trend has been UP since Jul 1st, 2024 at 0.19729

The short-term trend has been UP since Jul 26th, 2024 at 0.19707

Smart Scan Analysis for PLNGBP

Based on our trend formula, PLNGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.19701000	0.19788500	0.19687000	0.19739523	+0.00038500
Prev. Close	Volume	Bid	Ask	Time
0.19701000				2024-07-26 20:47:08

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