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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)

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.

FOREX_PLNCAD
Open High Low PLNCAD Price Change
0.352505 0.352655 0.352360 0.352365 -0.000140
Entry Signal

MarketClub’s Trade Triangles for PLNCAD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.365020

intermediate term up The intermediate term trend has been UP since Nov 20th, 2018 at 0.350585

short term down The short term trend has been DOWN since Dec 11th, 2018 at 0.352405

Smart Scan Analysis for PLNCAD

Based on a pre-defined weighted trend formula for chart analysis, PLNCAD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for PLNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.352505 0.352655 0.352360 0.352365 -0.000140
Prev. Close Volume Bid Ask Time
0.352505 0.352250 0.352480 2018-12-12 02:28:53
Want to analyze Polish New Zloty/Canadian Dollar PLNCAD or another symbol? Try our Free Forex Trend Analysis Report.