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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Bulgarian Lev/Polish New Zloty (FOREX:BGNPLN)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_BGNPLN
Open High Low BGNPLN Price Change
2.15440 2.15450 2.15430 2.15445 +0.00005
Entry Signal

MarketClub’s Trade Triangles for BGNPLN

long term down The long term trend has been DOWN since Nov 21st, 2017 at 2.15585

intermediate term down The intermediate term trend has been DOWN since Oct 13th, 2017 at 2.17880

short term down The short term trend has been DOWN since Nov 20th, 2017 at 2.16295

Smart Scan Analysis for BGNPLN

Based on a pre-defined weighted trend formula for chart analysis, BGNPLN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BGNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.15440 2.15450 2.15430 2.15445 +0.00005
Prev. Close Volume Bid Ask Time
2.15440 2.15380 2.15510 2017-11-23 00:43:50
Want to analyze Bulgarian Lev/Polish New Zloty BGNPLN or another symbol? Try our Free Forex Trend Analysis Report.