Forex Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 Jun 11th, 2018 at 75.2100
The intermediate term trend has been UP since Jul 24th, 2018 at 75.6210
The short term trend has been DOWN since Aug 15th, 2018 at 74.9035
Smart Scan Analysis for PLNHUF
Based on a pre-defined weighted trend formula for chart analysis, PLNHUF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).