Forex Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
South African Rand/Polish New Zloty (FOREX:ZARPLN)
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 ZARPLN
The long term trend has been UP since Dec 18th, 2017 at 0.279480
The intermediate term trend has been DOWN since Mar 19th, 2018 at 0.283095
The short term trend has been UP since Mar 20th, 2018 at 0.288065
Smart Scan Analysis for ZARPLN
Based on a pre-defined weighted trend formula for chart analysis, ZARPLN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).