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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 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
28.8015 28.8395 28.5445 28.6135 -0.1880
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

long term down The long-term trend has been DOWN since Jul 20th, 2021 at 27.9915

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 28.3385

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 28.8625

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
28.8015 28.8395 28.5445 28.6135 -0.1880
Prev. Close Volume Bid Ask Time
28.8015 2021-10-25 20:16:38
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