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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.
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MarketClub’s Trade Triangles for PLNJPY
The long-term trend has been DOWN since Jul 12th, 2022 at 28.427500
The intermediate-term trend has been DOWN since Jul 5th, 2022 at 29.212500
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).
| 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 |