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Forex Trend Analysis Report

Prepared for you on Monday, December 17, 2018.

Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_PLNHKD
Open High Low PLNHKD Price Change
2.06005 2.07250 2.05840 2.06650 +0.00645
Entry Signal

MarketClub’s Trade Triangles for PLNHKD

long term down The long term trend has been DOWN since May 1st, 2018 at 2.2351

intermediate term down The intermediate term trend has been DOWN since Dec 14th, 2018 at 2.0530

short term down The short term trend has been DOWN since Dec 11th, 2018 at 2.0656

Smart Scan Analysis for PLNHKD

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

-100
Smart Scan Analysis for PLNHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.06005 2.07250 2.05840 2.06650 +0.00645
Prev. Close Volume Bid Ask Time
2.06005 2.06590 2.06710 2018-12-17 12:07:50
Want to analyze Polish New Zloty/Hong Kong Dollar PLNHKD or another symbol? Try our Free Forex Trend Analysis Report.