Forex Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Japanese Yen/Polish New Zloty (FOREX:JPYPLN)
Countertrend Down (-85) - JPYPLN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid JPYPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYPLN
The long-term trend has been DOWN since Feb 24th, 2021 at 0.03492143
The intermediate-term trend has been DOWN since Apr 7th, 2021 at 0.03509660
The short-term trend has been UP since Apr 13th, 2021 at 0.03500813
Smart Scan Analysis for JPYPLN
Based on our trend formula, JPYPLN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).