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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Polish New Zloty/US Dollar (FOREX:PLNUSD)

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.

FOREX_PLNUSD
Open High Low PLNUSD Price Change
0.26145360 0.26253199 0.26093108 0.26194000 +0.00048600
Entry Signal

MarketClub’s Trade Triangles for PLNUSD

long term up The long term trend has been UP since Nov 1st, 2019 at 0.26240204

intermediate term up The intermediate term trend has been UP since Dec 30th, 2019 at 0.26367567

short term down The short term trend has been DOWN since Jan 17th, 2020 at 0.26211690

Smart Scan Analysis for PLNUSD

Based on a pre-defined weighted trend formula for chart analysis, PLNUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for PLNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26145360 0.26253199 0.26093108 0.26194000 +0.00048600
Prev. Close Volume Bid Ask Time
0.26145360 0.26189000 0.26199000 2020-01-21 21:03:04
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