Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
Polish New Zloty/Czech Koruna (FOREX:PLNCZK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 PLNCZK
The long term trend has been UP since Oct 14th, 2019 at 6.01715
The intermediate term trend has been DOWN since Jan 7th, 2020 at 5.94660
The short term trend has been UP since Jan 22nd, 2020 at 5.93780
Smart Scan Analysis for PLNCZK
Based on a pre-defined weighted trend formula for chart analysis, PLNCZK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).