Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
US Dollar/Polish New Zloty (FOREX:USDPLN)
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.
MarketClub’s Trade Triangles for USDPLN
The long term trend has been UP since May 1st, 2018 at 3.511520
The intermediate term trend has been UP since Feb 8th, 2019 at 3.801450
The short term trend has been DOWN since Mar 12th, 2019 at 3.816165
Smart Scan Analysis for USDPLN
Based on a pre-defined weighted trend formula for chart analysis, USDPLN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).