Forex Trend Analysis Report
Prepared for you on Thursday, July 20, 2017.
British Pound/Polish New Zloty (FOREX:GBPPLN)
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 GBPPLN
The long term trend has been DOWN since Mar 10th, 2017 at 4.944210
The intermediate term trend has been DOWN since May 8th, 2017 at 4.949870
The short term trend has been DOWN since Jul 17th, 2017 at 4.766585
Smart Scan Analysis for GBPPLN
Based on a pre-defined weighted trend formula for chart analysis, GBPPLN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).