Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Polish New Zloty/New Zealand Dollar (FOREX:PLNNZD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

FOREX_PLNNZD
Open High Low PLNNZD Price Change
0.395730 0.398145 0.395630 0.397500 +0.001770
Entry Signal

MarketClub’s Trade Triangles for PLNNZD

long term down The long term trend has been DOWN since Dec 10th, 2019 at 0.39294

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 0.39725

short term up The short term trend has been UP since Jan 21st, 2020 at 0.39631

Smart Scan Analysis for PLNNZD

Based on a pre-defined weighted trend formula for chart analysis, PLNNZD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for PLNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.395730 0.398145 0.395630 0.397500 +0.001770
Prev. Close Volume Bid Ask Time
0.395730 0.397370 0.397630 2020-01-21 23:04:57
Get a free daily report for Polish New Zloty/New Zealand Dollar (PLNNZD) - Free Trend Analysis Report.