Forex Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
Polish New Zloty/Danish Krone (FOREX:PLNDKK)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
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 Apr 28th, 2017 at 1.76425
The short term trend has been UP since May 22nd, 2017 at 1.77610
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).