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Forex Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
Polish New Zloty/British Pound (FOREX:PLNGBP)
Long-Term Downtrend (-90) - PLNGBP is in a strong downtrend that is likely to continue. While PLNGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for PLNGBP
The long-term trend has been DOWN since Aug 10th, 2021 at 0.18475
The intermediate-term trend has been DOWN since Jan 25th, 2022 at 0.18228
The short-term trend has been DOWN since Jan 24th, 2022 at 0.18362
Smart Scan Analysis for PLNGBP
Based on our trend formula, PLNGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.182585 | 0.182705 | 0.181840 | 0.182320 | -0.000265 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.182585 | 2022-01-26 09:48:30 |