Forex Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 PLNHKD
The long term trend has been UP since Jan 17th, 2017 at 1.88305
The intermediate term trend has been UP since Jun 28th, 2017 at 2.10225
The short term trend has been UP since Aug 17th, 2017 at 2.16095
Smart Scan Analysis for PLNHKD
Based on a pre-defined weighted trend formula for chart analysis, PLNHKD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).