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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.
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MarketClub’s Trade Triangles for GBPPLN
The long-term trend has been DOWN since Sep 23rd, 2022 at 5.33680
The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 5.26761
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
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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