Forex Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
Hong Kong Dollar/Polish New Zloty (FOREX:HKDPLN)
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 HKDPLN
The long term trend has been DOWN since Mar 20th, 2017 at 0.512545
The intermediate term trend has been DOWN since Nov 15th, 2017 at 0.458965
The short term trend has been UP since Dec 12th, 2017 at 0.459170
Smart Scan Analysis for HKDPLN
Based on a pre-defined weighted trend formula for chart analysis, HKDPLN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).