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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Polish New Zloty/British Pound (FOREX:PLNGBP)

Strong Downtrend (-100) - PLNGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PLNGBP continues to fall. Traders should use caution and set stops.

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.

FOREX_PLNGBP
Open High Low PLNGBP Price Change
0.1926801 0.1926801 0.1926801 0.1926801 0.0000000
Entry Signal

MarketClub’s Trade Triangles for PLNGBP

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 0.195320

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 0.198135

short term down The short-term trend has been DOWN since May 29th, 2024 at 0.199415

Smart Scan Analysis for PLNGBP

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

-100
Smart Scan Analysis for PLNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1926801 0.1926801 0.1926801 0.1926801 0.0000000
Prev. Close Volume Bid Ask Time
0.1926801 2024-06-15 07:27:27
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