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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.

FOREX_PLNGBP
Open High Low PLNGBP Price Change
0.182585 0.182705 0.181840 0.182320 -0.000265
Entry Signal

MarketClub’s Trade Triangles for PLNGBP

long term down The long-term trend has been DOWN since Aug 10th, 2021 at 0.18475

intermediate term down The intermediate-term trend has been DOWN since Jan 25th, 2022 at 0.18228

short term down 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).

-90
Smart Scan Analysis for PLNGBP
Strong Downtrend Sideways 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
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