Forex Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
Polish New Zloty/Hong Kong Dollar (FOREX:PLNHKD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 PLNHKD
The long term trend has been UP since Jan 17th, 2017 at 1.88305
The intermediate term trend has been DOWN since Sep 25th, 2017 at 2.16055
The short term trend has been UP since Oct 10th, 2017 at 2.13660
Smart Scan Analysis for PLNHKD
Based on a pre-defined weighted trend formula for chart analysis, PLNHKD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).