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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Bulgarian Lev/Polish New Zloty (FOREX:BGNPLN)

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.

FOREX_BGNPLN
Open High Low BGNPLN Price Change
2.19685 2.20345 2.19605 2.20210 +0.00525
Entry Signal

MarketClub’s Trade Triangles for BGNPLN

long term down The long term trend has been DOWN since Apr 10th, 2019 at 2.17785

intermediate term up The intermediate term trend has been UP since May 13th, 2019 at 2.19985

short term down The short term trend has been DOWN since May 16th, 2019 at 2.19705

Smart Scan Analysis for BGNPLN

Based on a pre-defined weighted trend formula for chart analysis, BGNPLN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for BGNPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.19685 2.20345 2.19605 2.20210 +0.00525
Prev. Close Volume Bid Ask Time
2.19685 2.20170 2.20250 2019-05-21 15:07:51
Want to analyze Bulgarian Lev/Polish New Zloty BGNPLN or another symbol? Try our Free Forex Trend Analysis Report.