Forex Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
Colombian Peso/Polish New Zloty (FOREX:COPPLN)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.
MarketClub’s Trade Triangles for COPPLN
The long term trend has been DOWN since May 8th, 2019 at 0.001173
The intermediate term trend has been DOWN since Apr 1st, 2019 at 0.001201
The short term trend has been DOWN since May 14th, 2019 at 0.001166
Smart Scan Analysis for COPPLN
Based on a pre-defined weighted trend formula for chart analysis, COPPLN scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).