Forex Trend Analysis Report
Prepared for you on Saturday, June 24, 2017.
Euro/Polish New Zloty (FOREX:EURPLN)
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.
MarketClub’s Trade Triangles for EURPLN
The long term trend has been DOWN since Feb 3rd, 2017 at 4.2945
The intermediate term trend has been UP since Jun 15th, 2017 at 4.2124
The short term trend has been UP since Jun 14th, 2017 at 4.1984
Smart Scan Analysis for EURPLN
Based on a pre-defined weighted trend formula for chart analysis, EURPLN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).