Forex Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
Ukrainian Hryvnia/Polish New Zloty (FOREX:UAHPLN)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 UAHPLN
The long term trend has been DOWN since Feb 3rd, 2017 at 0.147570
The intermediate term trend has been UP since Nov 6th, 2017 at 0.136570
The short term trend has been DOWN since Nov 14th, 2017 at 0.136875
Smart Scan Analysis for UAHPLN
Based on a pre-defined weighted trend formula for chart analysis, UAHPLN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).