Forex Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
Hong Kong Dollar/Polish New Zloty (FOREX:HKDPLN)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.
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 UP since Sep 25th, 2017 at 0.462845
The short term trend has been DOWN since Oct 10th, 2017 at 0.468040
Smart Scan Analysis for HKDPLN
Based on a pre-defined weighted trend formula for chart analysis, HKDPLN scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).