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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Polish New Zloty/Japanese Yen (FOREX:PLNJPY)

Sidelines Mode (+55) - PLNJPY 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 PLNJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNJPY
Open High Low PLNJPY Price Change
38.031164 38.031164 38.031164 38.031164 0.000000
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

long term up The long-term trend has been UP since Feb 20th, 2024 at 37.5855

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2024 at 36.6415

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 38.4450

Smart Scan Analysis for PLNJPY

Based on our trend formula, PLNJPY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PLNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.031164 38.031164 38.031164 38.031164 0.000000
Prev. Close Volume Bid Ask Time
38.031164 2024-04-13 06:23:19
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