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Forex Trend Analysis Report

Prepared for you on Tuesday, November 21, 2017.

Polish New Zloty/Israeli Shekel (FOREX:PLNILS)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_PLNILS
Open High Low PLNILS Price Change
0.975510 0.978970 0.975280 0.977565 +0.002055
Entry Signal

MarketClub’s Trade Triangles for PLNILS

long term up The long term trend has been UP since May 16th, 2017 at 0.94760

intermediate term up The intermediate term trend has been UP since Nov 14th, 2017 at 0.97917

short term down The short term trend has been DOWN since Nov 19th, 2017 at 0.97643

Smart Scan Analysis for PLNILS

Based on a pre-defined weighted trend formula for chart analysis, PLNILS scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for PLNILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.975510 0.978970 0.975280 0.977565 +0.002055
Prev. Close Volume Bid Ask Time
0.975510 0.977500 0.977630 2017-11-21 10:29:53
Want to analyze Polish New Zloty/Israeli Shekel PLNILS or another symbol? Try our Free Forex Trend Analysis Report.