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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Polish New Zloty/Israeli Shekel (FOREX:PLNILS)

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.

FOREX_PLNILS
Open High Low PLNILS Price Change
0.97605 0.97858 0.97372 0.97858 +0.00253
Entry Signal

MarketClub’s Trade Triangles for PLNILS

long term down The long term trend has been DOWN since May 8th, 2018 at 1.004600

intermediate term up The intermediate term trend has been UP since Sep 25th, 2018 at 0.981940

short term down The short term trend has been DOWN since Oct 18th, 2018 at 0.979015

Smart Scan Analysis for PLNILS

Based on a pre-defined weighted trend formula for chart analysis, PLNILS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for PLNILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.97605 0.97858 0.97372 0.97858 +0.00253
Prev. Close Volume Bid Ask Time
0.97605 0.97764 0.97952 2018-10-19 12:58:02
Want to analyze Polish New Zloty/Israeli Shekel PLNILS or another symbol? Try our Free Forex Trend Analysis Report.