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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Polish New Zloty/British Pound (FOREX:PLNGBP)

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.

FOREX_PLNGBP
Open High Low PLNGBP Price Change
0.206625 0.206800 0.204590 0.206170 -0.000455
Entry Signal

MarketClub’s Trade Triangles for PLNGBP

long term down The long term trend has been DOWN since Nov 13th, 2018 at 0.201985

intermediate term up The intermediate term trend has been UP since Nov 15th, 2018 at 0.206535

short term up The short term trend has been UP since Nov 15th, 2018 at 0.204525

Smart Scan Analysis for PLNGBP

Based on a pre-defined weighted trend formula for chart analysis, PLNGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for PLNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.206625 0.206800 0.204590 0.206170 -0.000455
Prev. Close Volume Bid Ask Time
0.206625 0.205910 0.206430 2018-11-16 21:14:27
Want to analyze Polish New Zloty/British Pound PLNGBP or another symbol? Try our Free Forex Trend Analysis Report.