Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
Bulgarian Lev/Polish New Zloty (FOREX:BGNPLN)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for BGNPLN
The long term trend has been UP since Feb 13th, 2019 at 2.21975
The intermediate term trend has been UP since Feb 6th, 2019 at 2.19780
The short term trend has been UP since Feb 6th, 2019 at 2.19425
Smart Scan Analysis for BGNPLN
Based on a pre-defined weighted trend formula for chart analysis, BGNPLN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).