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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Bulgarian Lev/Polish New Zloty (FOREX:BGNPLN)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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.

Open High Low BGNPLN Price Change
2.19530 2.20005 2.19445 2.19795 +0.00265
Entry Signal

MarketClub’s Trade Triangles for BGNPLN

long term up The long term trend has been UP since Mar 20th, 2018 at 2.16180

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2018 at 2.19020

short term up The short term trend has been UP since Dec 6th, 2018 at 2.19285

Smart Scan Analysis for BGNPLN

Based on a pre-defined weighted trend formula for chart analysis, BGNPLN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for BGNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.19530 2.20005 2.19445 2.19795 +0.00265
Prev. Close Volume Bid Ask Time
2.19530 2.19730 2.19860 2018-12-11 23:45:55
Want to analyze Bulgarian Lev/Polish New Zloty BGNPLN or another symbol? Try our Free Forex Trend Analysis Report.