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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Polish New Zloty/Japanese Yen (FOREX:PLNJPY)
Countertrend Up (+85) - PLNJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 38.383000
The intermediate-term trend has been UP since Dec 15th, 2024 at 37.895000
The short-term trend has been DOWN since Dec 25th, 2024 at 38.131287
Smart Scan Analysis for PLNJPY
Based on our trend formula, PLNJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.430000 | 38.523000 | 38.325917 | 38.523000 | +0.093000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.430000 | 2024-12-26 10:04:16 |