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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

US Dollar/Polish New Zloty (FOREX:USDPLN)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDPLN
Open High Low USDPLN Price Change
3.86615 3.87715 3.86355 3.87505 +0.00890
Entry Signal

MarketClub’s Trade Triangles for USDPLN

long term down The long term trend has been DOWN since Nov 1st, 2019 at 3.80985

intermediate term down The intermediate term trend has been DOWN since Dec 2nd, 2019 at 3.86520

short term down The short term trend has been DOWN since Dec 6th, 2019 at 3.84897

Smart Scan Analysis for USDPLN

Based on a pre-defined weighted trend formula for chart analysis, USDPLN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for USDPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.86615 3.87715 3.86355 3.87505 +0.00890
Prev. Close Volume Bid Ask Time
3.86615 3.87430 3.87580 2019-12-09 13:41:44
Want to analyze US Dollar/Polish New Zloty USDPLN or another symbol? Try our Free Forex Trend Analysis Report.