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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Polish New Zloty/Japanese Yen (FOREX:PLNJPY)

Strong Downtrend (-100) - PLNJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PLNJPY continues to fall. Traders should use caution and set stops.

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
29.034906 29.100500 28.896500 28.922395 -0.112511
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

long term down The long-term trend has been DOWN since Jul 12th, 2022 at 28.427500

intermediate term down The intermediate-term trend has been DOWN since Jul 5th, 2022 at 29.212500

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 29.123758

Smart Scan Analysis for PLNJPY

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

-100
Smart Scan Analysis for PLNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.034906 29.100500 28.896500 28.922395 -0.112511
Prev. Close Volume Bid Ask Time
29.034906 2022-08-19 17:14:54
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