Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Polish New Zloty/British Pound (FOREX:PLNGBP)

Weak Downtrend (-65) - PLNGBP is showing signs of a strengthening downtrend. Monitor PLNGBP as it may be building momentum to the downside.

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
0.197790 0.198115 0.195585 0.195975 -0.001815
Entry Signal

MarketClub’s Trade Triangles for PLNGBP

long term up The long-term trend has been UP since Oct 17th, 2023 at 0.195955

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.198005

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 0.200310

Smart Scan Analysis for PLNGBP

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

-70
Smart Scan Analysis for PLNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.197790 0.198115 0.195585 0.195975 -0.001815
Prev. Close Volume Bid Ask Time
0.197790 2024-04-16 11:51:10
Get a free daily analysis and signals for Polish New Zloty/British Pound (PLNGBP) - Request Your Free Report.