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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.

FOREX_PLNEUR
Open High Low PLNEUR Price Change
0.23533044 0.23533044 0.23533044 0.23533044 0.00000000
Entry Signal

MarketClub’s Trade Triangles for PLNEUR

long term up The long term trend has been UP since Jan 2nd, 2020 at 0.235265

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2020 at 0.234675

short term up 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).

+75
Smart Scan Analysis for PLNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23533044 0.23533044 0.23533044 0.23533044 0.00000000
Prev. Close Volume Bid Ask Time
0.23533044 0.23505077 0.23561011 2020-02-16 13:41:38
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