Forex Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
Australian Dollar/Polish New Zloty (FOREX:AUDPLN)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for AUDPLN
The long term trend has been DOWN since Sep 2nd, 2018 at 2.65639
The intermediate term trend has been UP since Oct 1st, 2018 at 2.67220
The short term trend has been UP since Oct 24th, 2018 at 2.66290
Smart Scan Analysis for AUDPLN
Based on a pre-defined weighted trend formula for chart analysis, AUDPLN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).