Forex Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
Polish New Zloty/Turkish Lira (FOREX:PLNTRY)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 PLNTRY
The long term trend has been UP since May 17th, 2017 at 0.947165
The intermediate term trend has been DOWN since Sep 28th, 2018 at 1.626235
The short term trend has been UP since Dec 3rd, 2018 at 1.386690
Smart Scan Analysis for PLNTRY
Based on a pre-defined weighted trend formula for chart analysis, PLNTRY scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).