Forex Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
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.
MarketClub’s Trade Triangles for JPYPLN
The long-term trend has been DOWN since Dec 12th, 2019 at 0.03505903
The intermediate-term trend has been UP since Jan 26th, 2020 at 0.03534994
The short-term trend has been UP since Feb 25th, 2020 at 0.03589656
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).