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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

US Dollar/Polish New Zloty (FOREX:USDPLN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low USDPLN Price Change
3.746685 3.758150 3.735860 3.741870 -0.004815
Entry Signal

MarketClub’s Trade Triangles for USDPLN

long term up The long term trend has been UP since May 1st, 2018 at 3.511520

intermediate term up The intermediate term trend has been UP since Oct 3rd, 2018 at 3.745845

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 3.725300

Smart Scan Analysis for USDPLN

Based on a pre-defined weighted trend formula for chart analysis, USDPLN scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.746685 3.758150 3.735860 3.741870 -0.004815
Prev. Close Volume Bid Ask Time
3.746685 3.740870 3.742870 2018-10-23 16:02:20
Want to analyze US Dollar/Polish New Zloty USDPLN or another symbol? Try our Free Forex Trend Analysis Report.