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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

Polish New Zloty/British Pound (FOREX:PLNGBP)

Crossroads (+60) - PLNGBP is struggling to move into a solid trend. Beware of choppy markets 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
0.18504 0.18587 0.18455 0.18574 +0.00070
Entry Signal

MarketClub’s Trade Triangles for PLNGBP

long term down The long-term trend has been DOWN since Aug 10th, 2021 at 0.18475

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2021 at 0.18597

short term up The short-term trend has been UP since Nov 24th, 2021 at 0.17933

Smart Scan Analysis for PLNGBP

Based on our trend formula, PLNGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PLNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.18504 0.18587 0.18455 0.18574 +0.00070
Prev. Close Volume Bid Ask Time
0.18504 2021-12-07 23:41:51
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