Forex Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
Polish New Zloty/Australian Dollar (FOREX:PLNAUD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 PLNAUD
The long term trend has been DOWN since Nov 16th, 2018 at 0.360805
The intermediate term trend has been UP since Dec 6th, 2018 at 0.367225
The short term trend has been UP since Dec 5th, 2018 at 0.362545
Smart Scan Analysis for PLNAUD
Based on a pre-defined weighted trend formula for chart analysis, PLNAUD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).