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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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
28.5030 28.5695 28.3125 28.3415 -0.1615
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

long term up The long-term trend has been UP since Feb 24th, 2021 at 28.6390

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2021 at 28.1875

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 28.4245

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
28.5030 28.5695 28.3125 28.3415 -0.1615
Prev. Close Volume Bid Ask Time
28.5030 2021-03-01 12:13:32
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