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Forex Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

Euro/Polish New Zloty (FOREX:EURPLN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_EURPLN
Open High Low EURPLN Price Change
4.287005 4.313700 4.286300 4.304970 +0.017965
Entry Signal

MarketClub’s Trade Triangles for EURPLN

long term up The long term trend has been UP since Mar 19th, 2018 at 4.22820

intermediate term up The intermediate term trend has been UP since Apr 25th, 2018 at 4.22020

short term down The short term trend has been DOWN since May 22nd, 2018 at 4.28551

Smart Scan Analysis for EURPLN

Based on a pre-defined weighted trend formula for chart analysis, EURPLN scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for EURPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.287005 4.313700 4.286300 4.304970 +0.017965
Prev. Close Volume Bid Ask Time
4.287005 4.303670 4.306270 2018-05-23 06:34:24
Want to analyze Euro/Polish New Zloty EURPLN or another symbol? Try our Free Forex Trend Analysis Report.