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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

Japanese Yen/Polish New Zloty (FOREX:JPYPLN)

Sidelines Mode (-55) - JPYPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.03483037 0.03483037 0.03482296 0.03482296 -0.00000700
Entry Signal

MarketClub’s Trade Triangles for JPYPLN

long term up The long-term trend has been UP since Jul 20th, 2021 at 0.03572194

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.03528813

short term up The short-term trend has been UP since Oct 21st, 2021 at 0.03464546

Smart Scan Analysis for JPYPLN

Based on our trend formula, JPYPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03483037 0.03483037 0.03482296 0.03482296 -0.00000700
Prev. Close Volume Bid Ask Time
0.03483037 2021-10-23 21:53:28
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