Free Japanese yen With Polish złoty (JPYPLN(Forex)) Technical Analysis Signals

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

Japanese yen With Polish złoty (JPYPLN(Forex)) signal with technical analysis on 04 Feb

On 04 Feb, we conducted a comprehensive technical analysis of Japanese yen With Polish złoty (JPYPLN(Forex)), considering 256 signals with intricate details. Here are the key findings: 107 signals suggested buy strategies, while 31 indicated sell strategies. The remaining 118 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: 28
Sell Signals: 8
Neutral Signals: 28
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 30
Sell Signals: 4
Neutral Signals: 30
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 26
Sell Signals: 7
Neutral Signals: 31
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 23
Sell Signals: 12
Neutral Signals: 29
Result: This strategy leads to a Buy position.

Overall Strategy:
Buy Signals: 107
Sell Signals: 31
Neutral Signals: 118
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 With Polish złoty (JPYPLN(Forex)) 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 With Polish złoty (JPYPLN(Forex)) 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 With Polish złoty (JPYPLN(Forex)) 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 With Polish złoty (JPYPLN(Forex)) 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 5.85%, 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 With Polish złoty (JPYPLN(Forex))** holdings.

Japanese yen With Polish złoty (JPYPLN(Forex)) Price Analysis and Resistance Levels:

Given our current long position in Japanese yen With Polish złoty (JPYPLN(Forex)), 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 With Polish złoty (JPYPLN(Forex)) could break above this level, signaling its strength and potential for further growth.

Second resistance level (0.0279): If the upward trend continues with significant strength, we may see Japanese yen With Polish złoty (JPYPLN(Forex)) cross the second resistance level at 0.0279, indicating a major upside move and a promising direction for our position.

Third resistance level (0.0321): For a more comprehensive analysis, consider a scenario where Japanese yen With Polish złoty (JPYPLN(Forex)) not only breaks the second resistance level but holds its price above this mark. If this trend continues in the coming days, Japanese yen With Polish złoty (JPYPLN(Forex)) could potentially reach the third resistance level of 0.0321.
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 With Polish złoty (JPYPLN(Forex)), 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 With Polish złoty (JPYPLN(Forex)) technical analysis chart

Japanese yen With Polish złoty (JPYPLN(Forex)) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.0275 0.0279 0.0321 0.0342 0.0381
Support 0.0242 -- -- -- --
 Japanese yen With Polish złoty (JPYPLN(Forex)) Support and Resistance area (04 Feb)

Japanese yen With Polish złoty (JPYPLN(Forex)) signals list for 04 Feb

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Japanese yen With Polish złoty (JPYPLN(Forex)) technical analysis over the past days

# Date Overal Signals ALL Signals
1 03 Feb Buy HoldHoldHoldBuy
2 02 Feb Buy HoldHoldBuyNeutral
3 31 Jan Hold HoldNeutralNeutralHold
4 30 Jan Hold HoldNeutralNeutralHold
5 29 Jan Buy BuyHoldHoldHold
6 28 Jan Hold NeutralHoldHoldHold
7 27 Jan Hold NeutralHoldHoldHold
8 26 Jan Hold HoldHoldHoldHold
9 24 Jan Hold HoldHoldHoldHold
10 23 Jan Hold HoldHoldHoldHold
11 22 Jan Sell HoldSellSellSell
12 21 Jan Hold HoldNeutralNeutralNeutral
13 20 Jan Sell SellNeutralNeutralNeutral
14 19 Jan Hold HoldHoldHoldHold
15 17 Jan Hold HoldHoldHoldHold
16 16 Jan Hold HoldHoldHoldHold
17 15 Jan Buy BuyBuyBuyBuy
18 14 Jan Hold NeutralNeutralNeutralNeutral
19 13 Jan Buy HoldHoldHoldBuy
20 12 Jan Buy BuyBuyBuyNeutral
21 09 Jan Hold NeutralNeutralNeutralNeutral
22 08 Jan Hold HoldNeutralNeutralNeutral
23 07 Jan Hold HoldSellNeutralHold
24 06 Jan Sell SellNeutralNeutralSell
25 05 Jan Neutral HoldHoldNeutralNeutral
26 03 Jan Neutral HoldHoldNeutralNeutral
27 02 Jan Buy HoldBuyBuyNeutral
28 01 Jan Sell HoldNeutralSellHold
29 31 Dec Hold HoldNeutralNeutralHold
30 30 Dec Buy BuyNeutralHoldHold

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