Forex Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
Chinese Renminbi Yuan/Polish New Zloty (FOREX:CNYPLN)
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.
MarketClub’s Trade Triangles for CNYPLN
The long term trend has been DOWN since Sep 20th, 2018 at 0.53319
The intermediate term trend has been DOWN since Aug 27th, 2018 at 0.53619
The short term trend has been DOWN since Sep 7th, 2018 at 0.54207
Smart Scan Analysis for CNYPLN
Based on a pre-defined weighted trend formula for chart analysis, CNYPLN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).