Forex Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
Polish New Zloty/Swedish Krona (FOREX:PLNSEK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 PLNSEK
The long term trend has been DOWN since Jul 25th, 2017 at 2.24090
The intermediate term trend has been UP since Oct 12th, 2017 at 2.24575
The short term trend has been UP since Oct 9th, 2017 at 2.22020
Smart Scan Analysis for PLNSEK
Based on a pre-defined weighted trend formula for chart analysis, PLNSEK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).