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.
MarketClub’s Trade Triangles for PLNJPY
The long-term trend has been UP since Jun 4th, 2020 at 28.016000
The intermediate-term trend has been UP since May 19th, 2020 at 25.976835
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).