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Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2025.
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.
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MarketClub’s Trade Triangles for PLNJPY
The long-term trend has been UP since Nov 7th, 2024 at 38.3830
The intermediate-term trend has been DOWN since Jan 13th, 2025 at 37.6500
The short-term trend has been DOWN since Jan 9th, 2025 at 38.0315
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 37.5240 | 37.7545 | 37.4795 | 37.7430 | +0.2190 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37.5240 | 2025-01-17 09:59:21 |