Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Polish New Zloty/Japanese Yen (FOREX:PLNJPY)

Crossroads (-60) - PLNJPY 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 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.

Open	High	Low	PLNJPY Price	Change
38.981500	39.320500	38.899500	39.054193	+0.072693
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

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

The intermediate-term trend has been DOWN since Jul 23rd, 2024 at 39.6075

The short-term trend has been DOWN since Jul 11th, 2024 at 40.5305

Smart Scan Analysis for PLNJPY

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

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
38.981500	39.320500	38.899500	39.054193	+0.072693
Prev. Close	Volume	Bid	Ask	Time
38.981500				2024-07-26 19:39:29

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