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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.

FOREX_PLNGBP
Open High Low PLNGBP Price Change
0.19782017 0.19782017 0.19782017 0.19782017 0.00000000
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 up The intermediate-term trend has been UP since Oct 10th, 2023 at 0.189815

short term down 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).

+55
Smart Scan Analysis for PLNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19782017 0.19782017 0.19782017 0.19782017 0.00000000
Prev. Close Volume Bid Ask Time
0.19782017 2023-12-09 03:52:44
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