Forex Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
Polish New Zloty/Israeli Shekel (FOREX:PLNILS)
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.
MarketClub’s Trade Triangles for PLNILS
The long term trend has been UP since May 16th, 2017 at 0.94760
The intermediate term trend has been DOWN since Sep 12th, 2017 at 0.99123
The short term trend has been DOWN since Aug 30th, 2017 at 1.00195
Smart Scan Analysis for PLNILS
Based on a pre-defined weighted trend formula for chart analysis, PLNILS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).