Forex Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
Polish New Zloty/Turkish Lira (FOREX:PLNTRY)
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 PLNTRY
The long term trend has been UP since May 17th, 2017 at 0.947165
The intermediate term trend has been UP since May 13th, 2018 at 1.209265
The short term trend has been DOWN since Jun 19th, 2018 at 1.267260
Smart Scan Analysis for PLNTRY
Based on a pre-defined weighted trend formula for chart analysis, PLNTRY scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).