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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

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.

FOREX_PLNGBP
Open High Low PLNGBP Price Change
0.199855 0.199950 0.198895 0.199495 -0.000360
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 Apr 15th, 2024 at 0.198005

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.198225

Smart Scan Analysis for PLNGBP

Based on our trend formula, PLNGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for PLNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.199855 0.199950 0.198895 0.199495 -0.000360
Prev. Close Volume Bid Ask Time
0.199855 2024-04-23 15:12:45
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