Forex Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
US Dollar/Polish New Zloty (FOREX:USDPLN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.
MarketClub’s Trade Triangles for USDPLN
The long term trend has been UP since May 1st, 2018 at 3.51152
The intermediate term trend has been UP since Apr 24th, 2019 at 3.84405
The short term trend has been DOWN since May 24th, 2019 at 3.84750
Smart Scan Analysis for USDPLN
Based on a pre-defined weighted trend formula for chart analysis, USDPLN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).