Forex Trend Analysis Report
Prepared for you on Wednesday, November 22, 2017.
Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for PLNHUF
The long term trend has been UP since Oct 25th, 2017 at 73.147
The intermediate term trend has been UP since Oct 18th, 2017 at 72.953
The short term trend has been UP since Nov 16th, 2017 at 73.818
Smart Scan Analysis for PLNHUF
Based on a pre-defined weighted trend formula for chart analysis, PLNHUF scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).