Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Polish New Zloty/Euro (FOREX:PLNEUR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 PLNEUR
The long term trend has been UP since Jan 2nd, 2020 at 0.235265
The intermediate term trend has been DOWN since Jan 27th, 2020 at 0.234675
The short term trend has been UP since Feb 4th, 2020 at 0.233125
Smart Scan Analysis for PLNEUR
Based on a pre-defined weighted trend formula for chart analysis, PLNEUR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).