Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Chinese Renminbi Yuan/Polish New Zloty (FOREX:CNYPLN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 CNYPLN
The long term trend has been UP since Dec 4th, 2018 at 0.551255
The intermediate term trend has been DOWN since Mar 19th, 2019 at 0.563095
The short term trend has been UP since Mar 22nd, 2019 at 0.564190
Smart Scan Analysis for CNYPLN
Based on a pre-defined weighted trend formula for chart analysis, CNYPLN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).