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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Polish New Zloty/Norwegian Krone (FOREX:PLNNOK)

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.

Open High Low PLNNOK Price Change
2.34220 2.34680 2.32900 2.34325 +0.00105
Entry Signal

MarketClub’s Trade Triangles for PLNNOK

long term up The long term trend has been UP since Jun 6th, 2019 at 2.29785

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 2.34040

short term down The short term trend has been DOWN since Jan 24th, 2020 at 2.33740

Smart Scan Analysis for PLNNOK

Based on a pre-defined weighted trend formula for chart analysis, PLNNOK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for PLNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.34220 2.34680 2.32900 2.34325 +0.00105
Prev. Close Volume Bid Ask Time
2.34220 2.33930 2.34720 2020-01-24 17:07:11
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