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Forex Trend Analysis Report

Prepared for you on Thursday, March 22, 2018.

Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.

Open High Low PLNNOK Price Change
2.24580 2.26290 2.24255 2.25795 +0.01215
Entry Signal

MarketClub’s Trade Triangles for PLNNOK

long term down The long term trend has been DOWN since Mar 2nd, 2018 at 2.2910

intermediate term down The intermediate term trend has been DOWN since Feb 25th, 2018 at 2.3101

short term up The short term trend has been UP since Mar 22nd, 2018 at 2.2626

Smart Scan Analysis for PLNNOK

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

Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.24580 2.26290 2.24255 2.25795 +0.01215
Prev. Close Volume Bid Ask Time
2.24580 2.25780 2.25810 2018-03-22 19:41:15
Want to analyze Polish New Zloty/Norwegian Krone PLNNOK or another symbol? Try our Free Forex Trend Analysis Report.