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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Polish New Zloty/Japanese Yen (FOREX:PLNJPY)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_PLNJPY
Open High Low PLNJPY Price Change
30.031 30.071 30.006 30.057 +0.026
Entry Signal

MarketClub’s Trade Triangles for PLNJPY

long term up The long term trend has been UP since Sep 20th, 2018 at 30.74495

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 30.20350

short term down The short term trend has been DOWN since Oct 23rd, 2018 at 29.86200

Smart Scan Analysis for PLNJPY

Based on a pre-defined weighted trend formula for chart analysis, PLNJPY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for PLNJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.031 30.071 30.006 30.057 +0.026
Prev. Close Volume Bid Ask Time
30.031 30.041 30.073 2018-10-24 01:14:55
Want to analyze Polish New Zloty/Japanese Yen PLNJPY or another symbol? Try our Free Forex Trend Analysis Report.