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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

Bulgarian Lev/Polish New Zloty (FOREX:BGNPLN)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

FOREX_BGNPLN
Open High Low BGNPLN Price Change
2.11400 2.12255 2.11400 2.12110 +0.00710
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 up The intermediate term trend has been UP since Feb 8th, 2018 at 2.13805

short term down The short term trend has been DOWN since Feb 12th, 2018 at 2.13110

Smart Scan Analysis for BGNPLN

Based on a pre-defined weighted trend formula for chart analysis, BGNPLN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for BGNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.11400 2.12255 2.11400 2.12110 +0.00710
Prev. Close Volume Bid Ask Time
2.11400 2.12070 2.12150 2018-02-20 18:19:32
Want to analyze Bulgarian Lev/Polish New Zloty BGNPLN or another symbol? Try our Free Forex Trend Analysis Report.