Forex Trend Analysis Report
Prepared for you on Monday, November 20, 2017.
Polish New Zloty/Danish Krone (FOREX:PLNDKK)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since Aug 9th, 2017 at 1.74145
The intermediate term trend has been UP since Oct 13th, 2017 at 1.74580
The short term trend has been UP since Nov 20th, 2017 at 1.75920
Smart Scan Analysis for PLNDKK
Based on a pre-defined weighted trend formula for chart analysis, PLNDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).