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Forex Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

Japanese Yen/Polish New Zloty (FOREX:JPYPLN)

Crossroads (+60) - JPYPLN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_JPYPLN
Open High Low JPYPLN Price Change
0.03413160 0.03479344 0.03413160 0.03447243 +0.00034100
Entry Signal

MarketClub’s Trade Triangles for JPYPLN

long term down The long-term trend has been DOWN since Apr 18th, 2022 at 0.03378915

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2022 at 0.03423353

short term up The short-term trend has been UP since Jul 6th, 2022 at 0.03433028

Smart Scan Analysis for JPYPLN

Based on our trend formula, JPYPLN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03413160 0.03479344 0.03413160 0.03447243 +0.00034100
Prev. Close Volume Bid Ask Time
0.03413160 2022-07-06 23:33:58
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