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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Polish New Zloty/British Pound (FOREX:PLNGBP)
Bear Market Rally (-75) - PLNGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PLNGBP as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for PLNGBP
The long-term trend has been DOWN since Jun 10th, 2024 at 0.19532000
The intermediate-term trend has been DOWN since Aug 26th, 2024 at 0.19766500
The short-term trend has been DOWN since Nov 19th, 2024 at 0.19227253
Smart Scan Analysis for PLNGBP
Based on our trend formula, PLNGBP is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.192640 | 0.192700 | 0.192145 | 0.192210 | -0.000430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.192640 | 2024-11-20 03:38:15 |