Forex Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Polish New Zloty/Japanese Yen (FOREX:PLNJPY)
Strong Uptrend (+100) - PLNJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, PLNJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for PLNJPY
The long-term trend has been UP since Feb 24th, 2021 at 28.6390
The intermediate-term trend has been UP since Apr 7th, 2021 at 28.4935
The short-term trend has been UP since Apr 20th, 2021 at 28.7425
Smart Scan Analysis for PLNJPY
Based on our trend formula, PLNJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).