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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_PLNHUF
Open High Low PLNHUF Price Change
74.4985 74.5395 74.4425 74.5075 +0.0090
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term down The long term trend has been DOWN since Nov 1st, 2018 at 74.6785

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2019 at 74.5065

short term down The short term trend has been DOWN since Jan 17th, 2019 at 74.7465

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).

-90
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.4985 74.5395 74.4425 74.5075 +0.0090
Prev. Close Volume Bid Ask Time
74.4985 74.4060 74.6090 2019-01-18 02:25:13
Want to analyze Polish New Zloty/Hungarian Forint PLNHUF or another symbol? Try our Free Forex Trend Analysis Report.