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.
MarketClub’s Trade Triangles for GBPPLN
The long-term trend has been UP since Sep 28th, 2020 at 5.017145
The intermediate-term trend has been DOWN since Apr 7th, 2021 at 5.315370
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).