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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

/Polish New Zloty (FOREX:RONPLN)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
0.920895 0.921130 0.918280 0.920135 -0.000760
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 Sep 25th, 2018 at 0.920560

short term down The short term trend has been DOWN since Oct 12th, 2018 at 0.922125

Smart Scan Analysis for RONPLN

Based on a pre-defined weighted trend formula for chart analysis, RONPLN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RONPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.920895 0.921130 0.918280 0.920135 -0.000760
Prev. Close Volume Bid Ask Time
0.920895 0.919860 0.920410 2018-10-15 07:09:32
Want to analyze /Polish New Zloty RONPLN or another symbol? Try our Free Forex Trend Analysis Report.