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Forex Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

Polish New Zloty/Japanese Yen (FOREX:PLNJPY)

Long-Term Uptrend (+90) - PLNJPY is in a strong uptrend that is likely to continue. While PLNJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
27.929500 28.104500 27.735000 27.898445 -0.031055
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

long term up The long-term trend has been UP since Jun 4th, 2020 at 28.016000

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 25.976835

short term up The short-term trend has been UP since May 18th, 2020 at 25.471000

Smart Scan Analysis for PLNJPY

Based on our trend formula, PLNJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for PLNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.929500 28.104500 27.735000 27.898445 -0.031055
Prev. Close Volume Bid Ask Time
27.929500 27.892155 27.904735 2020-06-05 22:38:17
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