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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Polish New Zloty/Hungarian Forint (FOREX:PLNHUF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_PLNHUF
Open High Low PLNHUF Price Change
75.1060 75.1755 75.0010 75.0795 -0.0265
Entry Signal

MarketClub’s Trade Triangles for PLNHUF

long term up The long term trend has been UP since Jun 11th, 2018 at 75.2100

intermediate term down The intermediate term trend has been DOWN since Oct 3rd, 2018 at 75.0765

short term down The short term trend has been DOWN since Oct 15th, 2018 at 75.2610

Smart Scan Analysis for PLNHUF

Based on a pre-defined weighted trend formula for chart analysis, PLNHUF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for PLNHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.1060 75.1755 75.0010 75.0795 -0.0265
Prev. Close Volume Bid Ask Time
75.1060 75.0740 75.0850 2018-10-17 16:28:51
Want to analyze Polish New Zloty/Hungarian Forint PLNHUF or another symbol? Try our Free Forex Trend Analysis Report.