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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

Polish New Zloty/Danish Krone (FOREX:PLNDKK)

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_PLNDKK
Open High Low PLNDKK Price Change
1.73620 1.74125 1.73585 1.73845 +0.00225
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 Oct 8th, 2018 at 1.72725

short term up The short term trend has been UP since Oct 12th, 2018 at 1.73455

Smart Scan Analysis for PLNDKK

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

-55
Smart Scan Analysis for PLNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.73620 1.74125 1.73585 1.73845 +0.00225
Prev. Close Volume Bid Ask Time
1.73620 1.73790 1.73900 2018-10-15 15:07:27
Want to analyze Polish New Zloty/Danish Krone PLNDKK or another symbol? Try our Free Forex Trend Analysis Report.