Forex Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
Polish New Zloty/Czech Koruna (FOREX:PLNCZK)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 PLNCZK
The long term trend has been DOWN since Mar 15th, 2018 at 6.02845
The intermediate term trend has been DOWN since Aug 13th, 2018 at 5.95190
The short term trend has been UP since Sep 18th, 2018 at 5.93240
Smart Scan Analysis for PLNCZK
Based on a pre-defined weighted trend formula for chart analysis, PLNCZK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).