Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Polish New Zloty/British Pound (FOREX:PLNGBP)
Bull Market Weakness (+75) - PLNGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLNGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNGBP
The long-term trend has been DOWN since Sep 28th, 2020 at 0.199325
The intermediate-term trend has been UP since Nov 8th, 2020 at 0.200720
The short-term trend has been UP since Nov 25th, 2020 at 0.199815
Smart Scan Analysis for PLNGBP
Based on our trend formula, PLNGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).