Forex Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
Polish New Zloty/Icelandic Krona (FOREX:PLNISK)
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.
MarketClub’s Trade Triangles for PLNISK
The long term trend has been UP since Sep 4th, 2018 at 29.45175
The intermediate term trend has been UP since Aug 3rd, 2018 at 29.11150
The short term trend has been UP since Dec 10th, 2018 at 32.61750
Smart Scan Analysis for PLNISK
Based on a pre-defined weighted trend formula for chart analysis, PLNISK scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).