Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 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 Jul 31st, 2019 at 3.876880
The intermediate term trend has been DOWN since Sep 13th, 2019 at 3.909385
The short term trend has been UP since Sep 17th, 2019 at 3.938300
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).