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Forex Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
British Pound/Polish New Zloty (FOREX:GBPPLN)
Sidelines Mode (+55) - GBPPLN 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 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.
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MarketClub’s Trade Triangles for GBPPLN
The long-term trend has been UP since Sep 6th, 2023 at 5.298155
The intermediate-term trend has been UP since Aug 8th, 2023 at 5.195810
The short-term trend has been DOWN since Sep 20th, 2023 at 5.373130
Smart Scan Analysis for GBPPLN
Based on our trend formula, GBPPLN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.290875 | 5.290875 | 5.290875 | 5.290875 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.290875 | 2023-09-23 00:35:45 |