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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Polish New Zloty/Japanese Yen (FOREX:PLNJPY)

Crossroads (+60) - PLNJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PLNJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNJPY
Open High Low PLNJPY Price Change
37.84232 37.84232 37.84232 37.84232 0.00000
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 37.4950

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2024 at 38.1295

short term up The short-term trend has been UP since Oct 22nd, 2024 at 37.8475

Smart Scan Analysis for PLNJPY

Based on our trend formula, PLNJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PLNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.84232 37.84232 37.84232 37.84232 0.00000
Prev. Close Volume Bid Ask Time
37.84232 2024-10-26 04:48:49
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