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.
MarketClub’s Trade Triangles for RONPLN
The long term trend has been UP since Apr 25th, 2018 at 0.909020
The intermediate term trend has been DOWN since Nov 15th, 2018 at 0.918185
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).