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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Polish New Zloty/Canadian Dollar (FOREX:PLNCAD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.349585 0.349675 0.348995 0.349135 -0.000450
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 down The intermediate term trend has been DOWN since Sep 28th, 2018 at 0.350105

short term down The short term trend has been DOWN since Oct 16th, 2018 at 0.349675

Smart Scan Analysis for PLNCAD

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

-100
Smart Scan Analysis for PLNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.349585 0.349675 0.348995 0.349135 -0.000450
Prev. Close Volume Bid Ask Time
0.349585 0.349020 0.349250 2018-10-17 05:38:10
Want to analyze Polish New Zloty/Canadian Dollar PLNCAD or another symbol? Try our Free Forex Trend Analysis Report.