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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Polish New Zloty/South African Rand (FOREX:PLNZAR)

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.

FOREX_PLNZAR
Open High Low PLNZAR Price Change
3.9029 3.9181 3.9029 3.9177 +0.0148
Entry Signal

MarketClub’s Trade Triangles for PLNZAR

long term up The long term trend has been UP since Jun 8th, 2018 at 3.61130

intermediate term up The intermediate term trend has been UP since Aug 9th, 2018 at 3.67175

short term down The short term trend has been DOWN since Sep 19th, 2018 at 4.02910

Smart Scan Analysis for PLNZAR

Based on a pre-defined weighted trend formula for chart analysis, PLNZAR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for PLNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9029 3.9181 3.9029 3.9177 +0.0148
Prev. Close Volume Bid Ask Time
3.9029 3.9144 3.9210 2018-09-23 23:19:46
Want to analyze Polish New Zloty/South African Rand PLNZAR or another symbol? Try our Free Forex Trend Analysis Report.