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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Polish New Zloty/British Pound (FOREX:PLNGBP)

Weak Downtrend (-65) - PLNGBP is showing signs of a strengthening downtrend. Monitor PLNGBP as it may be building momentum to the downside.

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.

FOREX_PLNGBP
Open High Low PLNGBP Price Change
0.1977400 0.1979750 0.1976700 0.1977637 +0.0000240
Entry Signal

MarketClub’s Trade Triangles for PLNGBP

long term up The long-term trend has been UP since Oct 17th, 2023 at 0.195955

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.197495

short term down The short-term trend has been DOWN since Mar 15th, 2024 at 0.198630

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).

-70
Smart Scan Analysis for PLNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1977400 0.1979750 0.1976700 0.1977637 +0.0000240
Prev. Close Volume Bid Ask Time
0.1977400 2024-03-19 04:12:03
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