Forex Trend Analysis Report
Prepared for you on Thursday, July 20, 2017.
Polish New Zloty/Danish Krone (FOREX:PLNDKK)
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 PLNDKK
The long term trend has been UP since Feb 3rd, 2017 at 1.73175
The intermediate term trend has been UP since Jul 17th, 2017 at 1.76995
The short term trend has been DOWN since Jul 19th, 2017 at 1.76505
Smart Scan Analysis for PLNDKK
Based on a pre-defined weighted trend formula for chart analysis, PLNDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).