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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

British Pound/Polish New Zloty (FOREX:GBPPLN)

Long-Term Uptrend (+90) - GBPPLN is in a strong uptrend that is likely to continue. While GBPPLN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
5.475000 5.496190 5.457080 5.457835 -0.017165
Entry Signal

MarketClub’s Trade Triangles for GBPPLN

long term up The long-term trend has been UP since Aug 10th, 2021 at 5.412685

intermediate term up The intermediate-term trend has been UP since Sep 16th, 2021 at 5.362865

short term up The short-term trend has been UP since Oct 26th, 2021 at 5.478740

Smart Scan Analysis for GBPPLN

Based on our trend formula, GBPPLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.475000 5.496190 5.457080 5.457835 -0.017165
Prev. Close Volume Bid Ask Time
5.475000 2021-10-28 10:28:59
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