Free Japanese Yen/Polish Zloty (JPYPLN) Technical Analysis Signals

Overal Signal
Buy
Signals
Hold Buy Buy Buy
Last Update / Period
04 Feb / Daily
Category/Currency
Currency/PLN
Exchange/Country
CCY/--

Japanese Yen/Polish Zloty (JPYPLN) signal with technical analysis on 04 Feb

On 04 Feb, we conducted a comprehensive technical analysis of Japanese Yen/Polish Zloty (JPYPLN), considering 256 signals with intricate details. Here are the key findings: 135 signals suggested buy strategies, while 21 indicated sell strategies. The remaining 100 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 39
Sell Signals: 0
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 32
Sell Signals: 8
Neutral Signals: 24
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 30
Sell Signals: 8
Neutral Signals: 26
Result: This strategy leads to a Buy position.

Strategy 4:
Buy Signals: 34
Sell Signals: 5
Neutral Signals: 25
Result: This strategy leads to a Buy position.

Overall Strategy:
Buy Signals: 135
Sell Signals: 21
Neutral Signals: 100
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Japanese Yen/Polish Zloty (JPYPLN) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Japanese Yen/Polish Zloty (JPYPLN) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

Japanese Yen/Polish Zloty (JPYPLN) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

Japanese Yen/Polish Zloty (JPYPLN) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of 12.47%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **Japanese Yen/Polish Zloty (JPYPLN)** holdings.

Japanese Yen/Polish Zloty (JPYPLN) Price Analysis and Resistance Levels:

Given our current long position in Japanese Yen/Polish Zloty (JPYPLN), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (0.0275): The primary hurdle we face is the 0.0275 price level. If the current trend remains unchanged, Japanese Yen/Polish Zloty (JPYPLN) could break above this level, signaling its strength and potential for further growth.

Second resistance level (0.0298): If the upward trend continues with significant strength, we may see Japanese Yen/Polish Zloty (JPYPLN) cross the second resistance level at 0.0298, indicating a major upside move and a promising direction for our position.

Third resistance level (0.0381): For a more comprehensive analysis, consider a scenario where Japanese Yen/Polish Zloty (JPYPLN) not only breaks the second resistance level but holds its price above this mark. If this trend continues in the coming days, Japanese Yen/Polish Zloty (JPYPLN) could potentially reach the third resistance level of 0.0381.
It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading Japanese Yen/Polish Zloty (JPYPLN), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

Japanese Yen/Polish Zloty (JPYPLN) technical analysis chart

Japanese Yen/Polish Zloty (JPYPLN) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.0275 0.0298 0.0381 -- --
Support 0.0242 -- -- -- --
 Japanese Yen/Polish Zloty (JPYPLN) Support and Resistance area (04 Feb)

Japanese Yen/Polish Zloty (JPYPLN) signals list for 04 Feb

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Japanese Yen/Polish Zloty (JPYPLN) candlestick patterns on 04 Feb

Today's Japanese Yen/Polish Zloty (JPYPLN) Candle Patterns List:

Doji High-Wave Candle Long Legged Doji Spinning Top

Japanese Yen/Polish Zloty (JPYPLN) technical analysis over the past days

# Date Overal Signals ALL Signals
1 03 Feb Buy HoldBuyBuyBuy
2 31 Jan Neutral HoldNeutralNeutralNeutral
3 30 Jan Hold NeutralHoldHoldHold
4 29 Jan Hold HoldHoldHoldHold
5 28 Jan Hold NeutralHoldHoldHold
6 27 Jan Hold HoldHoldHoldHold
7 24 Jan Hold HoldHoldHoldHold
8 23 Jan Sell HoldSellSellSell
9 22 Jan Hold HoldNeutralNeutralNeutral
10 21 Jan Sell SellNeutralNeutralNeutral
11 20 Jan Hold HoldHoldHoldNeutral
12 17 Jan Hold HoldHoldHoldNeutral
13 16 Jan Buy BuyBuyBuyBuy
14 15 Jan Hold NeutralNeutralNeutralNeutral
15 14 Jan Hold HoldHoldHoldNeutral
16 13 Jan Buy BuyBuyBuyNeutral
17 10 Jan Hold NeutralNeutralNeutralHold
18 09 Jan Hold NeutralNeutralNeutralHold
19 08 Jan Hold HoldNeutralHoldHold
20 07 Jan Sell SellNeutralSellHold
21 06 Jan Sell HoldNeutralNeutralSell
22 03 Jan Neutral HoldNeutralNeutralNeutral
23 02 Jan Hold HoldNeutralHoldHold
24 31 Dec Buy BuyNeutralHoldHold
25 30 Dec Hold HoldHoldHoldHold
26 27 Dec Hold HoldHoldHoldHold
27 26 Dec Hold HoldHoldHoldHold
28 25 Dec Hold HoldHoldHoldHold
29 24 Dec Hold HoldHoldHoldHold
30 23 Dec Hold HoldHoldHoldHold

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