Forex Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
US Dollar/Polish New Zloty (FOREX:USDPLN)
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.
MarketClub’s Trade Triangles for USDPLN
The long term trend has been DOWN since Jun 21st, 2019 at 3.73989
The intermediate term trend has been UP since Jul 9th, 2019 at 3.81275
The short term trend has been UP since Jul 16th, 2019 at 3.79835
Smart Scan Analysis for USDPLN
Based on a pre-defined weighted trend formula for chart analysis, USDPLN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).