Forex Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
Swiss Franc/Polish New Zloty (FOREX:CHFPLN)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 CHFPLN
The long term trend has been UP since May 18th, 2018 at 3.664695
The intermediate term trend has been DOWN since Jul 12th, 2018 at 3.695000
The short term trend has been UP since Jul 18th, 2018 at 3.696805
Smart Scan Analysis for CHFPLN
Based on a pre-defined weighted trend formula for chart analysis, CHFPLN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).