Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
New Zealand Dollar/Polish New Zloty (FOREX:NZDPLN)
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.
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MarketClub’s Trade Triangles for NZDPLN
The long term trend has been UP since Dec 23rd, 2019 at 2.54565
The intermediate term trend has been DOWN since Jan 13th, 2020 at 2.51735
The short term trend has been DOWN since Jan 21st, 2020 at 2.52324
Smart Scan Analysis for NZDPLN
Based on a pre-defined weighted trend formula for chart analysis, NZDPLN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.51546 | 2.52676 | 2.51495 | 2.52638 | +0.01092 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.51546 | 2.52554 | 2.52722 | 2020-01-22 08:45:24 |