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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Polish New Zloty/Japanese Yen (FOREX:PLNJPY)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_PLNJPY
Open High Low PLNJPY Price Change
29.22100 29.38950 29.16050 29.30265 +0.08165
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

long term down The long term trend has been DOWN since Mar 1st, 2018 at 31.09250

intermediate term down The intermediate term trend has been DOWN since Aug 9th, 2018 at 29.93700

short term down The short term trend has been DOWN since Aug 9th, 2018 at 30.06095

Smart Scan Analysis for PLNJPY

Based on a pre-defined weighted trend formula for chart analysis, PLNJPY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for PLNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.22100 29.38950 29.16050 29.30265 +0.08165
Prev. Close Volume Bid Ask Time
29.22100 29.22790 29.37740 2018-08-16 19:30:24
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