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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Polish New Zloty/Danish Krone (FOREX:PLNDKK)

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_PLNDKK
Open High Low PLNDKK Price Change
1.76940 1.76960 1.75800 1.76125 -0.00815
Entry Signal

MarketClub’s Trade Triangles for PLNDKK

long term down The long term trend has been DOWN since Mar 20th, 2018 at 1.76200

intermediate term down The intermediate term trend has been DOWN since Apr 25th, 2018 at 1.76635

short term down The short term trend has been DOWN since Apr 20th, 2018 at 1.78440

Smart Scan Analysis for PLNDKK

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

-100
Smart Scan Analysis for PLNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.76940 1.76960 1.75800 1.76125 -0.00815
Prev. Close Volume Bid Ask Time
1.76940 1.76050 1.76200 2018-04-25 23:27:36
Want to analyze Polish New Zloty/Danish Krone PLNDKK or another symbol? Try our Free Forex Trend Analysis Report.