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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

Bulgarian Lev/Polish New Zloty (FOREX:BGNPLN)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

Open High Low BGNPLN Price Change
2.20560 2.20820 2.20025 2.20540 -0.00020
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 Jun 14th, 2018 at 2.17735

short term up The short term trend has been UP since Jun 15th, 2018 at 2.19255

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).

Smart Scan Analysis for BGNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.20560 2.20820 2.20025 2.20540 -0.00020
Prev. Close Volume Bid Ask Time
2.20560 2.20500 2.20580 2018-06-20 13:01:47
Want to analyze Bulgarian Lev/Polish New Zloty BGNPLN or another symbol? Try our Free Forex Trend Analysis Report.