Forex Trend Analysis Report
Prepared for you on Friday, April 20, 2018.
British Pound/Polish New Zloty (FOREX:GBPPLN)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 GBPPLN
The long term trend has been UP since Mar 20th, 2018 at 4.839465
The intermediate term trend has been DOWN since Apr 18th, 2018 at 4.788300
The short term trend has been DOWN since Apr 18th, 2018 at 4.804420
Smart Scan Analysis for GBPPLN
Based on a pre-defined weighted trend formula for chart analysis, GBPPLN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).