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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

British Pound/Polish New Zloty (FOREX:GBPPLN)

Weak Uptrend (+65) - GBPPLN is showing signs of weakening momentum to the upside. Monitor GBPPLN as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPPLN
Open High Low GBPPLN Price Change
5.288575 5.309125 5.287190 5.295985 +0.007410
Entry Signal

MarketClub’s Trade Triangles for GBPPLN

long term up The long-term trend has been UP since Sep 28th, 2020 at 5.017145

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2021 at 5.315370

short term up The short-term trend has been UP since Apr 18th, 2021 at 5.262135

Smart Scan Analysis for GBPPLN

Based on our trend formula, GBPPLN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.288575 5.309125 5.287190 5.295985 +0.007410
Prev. Close Volume Bid Ask Time
5.288575 2021-05-12 13:39:53
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