Forex Trend Analysis Report
Prepared for you on Monday, September 25, 2017.
Polish New Zloty/Euro (FOREX:PLNEUR)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 PLNEUR
The long term trend has been DOWN since Aug 9th, 2017 at 0.234195
The intermediate term trend has been DOWN since Sep 14th, 2017 at 0.233220
The short term trend has been UP since Sep 20th, 2017 at 0.233975
Smart Scan Analysis for PLNEUR
Based on a pre-defined weighted trend formula for chart analysis, PLNEUR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).