Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Polish New Zloty/Japanese Yen (FOREX:PLNJPY)
Bull Market Weakness (+75) - PLNJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNJPY as it may be in the beginning stages of a reversal.
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 Oct 21st, 2022 at 30.9920
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 30.0100
The short-term trend has been UP since Mar 28th, 2023 at 30.3785
Smart Scan Analysis for PLNJPY
Based on our trend formula, PLNJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).