Forex Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
/Polish New Zloty (FOREX:RONPLN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 Aug 9th, 2017 at 0.935005
The intermediate term trend has been UP since Sep 18th, 2017 at 0.931855
The short term trend has been DOWN since Sep 20th, 2017 at 0.928900
Smart Scan Analysis for RONPLN
Based on a pre-defined weighted trend formula for chart analysis, RONPLN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).