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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

/Polish New Zloty (FOREX:RONPLN)

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_RONPLN
Open High Low RONPLN Price Change
0.922735 0.924060 0.922665 0.923540 +0.000805
Entry Signal

MarketClub’s Trade Triangles for RONPLN

long term up The long term trend has been UP since Apr 25th, 2018 at 0.909020

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2018 at 0.918185

short term up The short term trend has been UP since Dec 6th, 2018 at 0.921905

Smart Scan Analysis for RONPLN

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

+65
Smart Scan Analysis for RONPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.922735 0.924060 0.922665 0.923540 +0.000805
Prev. Close Volume Bid Ask Time
0.922735 0.923260 0.923820 2018-12-11 16:01:33
Want to analyze /Polish New Zloty RONPLN or another symbol? Try our Free Forex Trend Analysis Report.