Forex Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
British Pound/Polish New Zloty (FOREX:GBPPLN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 GBPPLN
The long term trend has been UP since Sep 15th, 2017 at 4.854770
The intermediate term trend has been DOWN since Nov 14th, 2017 at 4.729510
The short term trend has been UP since Nov 17th, 2017 at 4.762705
Smart Scan Analysis for GBPPLN
Based on a pre-defined weighted trend formula for chart analysis, GBPPLN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).