Forex Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
Polish New Zloty/Colombian Peso (FOREX:PLNCOP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 PLNCOP
The long term trend has been UP since Aug 21st, 2018 at 807.055
The intermediate term trend has been UP since Aug 14th, 2018 at 792.985
The short term trend has been UP since Sep 19th, 2018 at 822.675
Smart Scan Analysis for PLNCOP
Based on a pre-defined weighted trend formula for chart analysis, PLNCOP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).