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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

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.

FOREX_PLNDKK
Open High Low PLNDKK Price Change
1.78615 1.78630 1.78560 1.78610 -0.00005
Entry Signal

MarketClub’s Trade Triangles for PLNDKK

long term up The long term trend has been UP since Nov 21st, 2017 at 1.76365

intermediate term up The intermediate term trend has been UP since Oct 13th, 2017 at 1.74580

short term up The short term trend has been UP since Jan 18th, 2018 at 1.78875

Smart Scan Analysis for PLNDKK

Based on a pre-defined weighted trend formula for chart analysis, PLNDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for PLNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.78615 1.78630 1.78560 1.78610 -0.00005
Prev. Close Volume Bid Ask Time
1.78615 1.78530 1.78690 2018-01-23 02:54:06
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