Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Polish New Zloty/British Pound (FOREX:PLNGBP)
Sidelines Mode (+55) - PLNGBP 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 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.
MarketClub’s Trade Triangles for PLNGBP
The long-term trend has been UP since Oct 17th, 2023 at 0.195955
The intermediate-term trend has been UP since Oct 10th, 2023 at 0.189815
The short-term trend has been DOWN since Dec 6th, 2023 at 0.197455
Smart Scan Analysis for PLNGBP
Based on our trend formula, PLNGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).