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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

British Pound/Polish New Zloty (FOREX:GBPPLN)

Weak Downtrend (-65) - GBPPLN is showing signs of a strengthening downtrend. Monitor GBPPLN as it may be building momentum to the downside.

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
5.321605 5.356920 5.313210 5.339685 +0.018080
Entry Signal

MarketClub’s Trade Triangles for GBPPLN

long term down The long-term trend has been DOWN since Sep 23rd, 2022 at 5.33680

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 5.26761

short term up The short-term trend has been UP since Feb 6th, 2023 at 5.30349

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
5.321605 5.356920 5.313210 5.339685 +0.018080
Prev. Close Volume Bid Ask Time
5.321605 2023-02-07 13:06:05
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