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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.
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MarketClub’s Trade Triangles for PLNJPY
The long-term trend has been UP since Feb 24th, 2021 at 28.6390
The intermediate-term trend has been UP since Feb 2nd, 2021 at 28.1875
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).
| 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 |