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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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 UP since Jun 10th, 2024 at 5.120180
The intermediate-term trend has been DOWN since Jul 1st, 2024 at 5.059435
The short-term trend has been DOWN since Jul 26th, 2024 at 5.074280
Smart Scan Analysis for GBPPLN
Based on our trend formula, GBPPLN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.075955 | 5.079470 | 5.053590 | 5.066135 | -0.009820 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.075955 | 2024-07-26 19:59:56 |
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